| Further drawdowns/redraws |
Minimum $1,000 (variable rate loans only) |
| Drawdown / redraw fee |
$0 |
| Repayments |
None required until end of term or within 12 months of borrower passing away |
| Optional payments |
Minimum of $1,000 (restrictions apply for fixed rate loans) |
| Discharge fee |
$250 |
| Fixed rate voluntary repayment |
Economic cost |
| Post settlement variations |
$250 |
| Borrowers rights |
No negative equity guarantee is a contractual right |
| Borrowers obligations |
Must maintain property and buildings insurance |
| Early Repayment |
1% in years 1-3 for all loans. |
