Can I redraw excess funds from my Fixed rate home loan?

If you choose a fixed rate home or investment loan you can make additional repayments, but if you make extra repayments of more than $10,000 in a year during a fixed rate period then a Break Cost fee will be payable. Redrawing the additional repayments is not permitted.

No, a redraw facility is not a feature of our Fixed Rate Home Loan. If redraw is a feature you would like in your Home Loan please consider either our Basic Variable or Standard Variable Home Loan. Alternatively, a split loan facility can provide you with the best of both loan types.

No, an offset account cannot be linked to our Fixed Rate Loan. Please consider either our Standard Variable or Home Loan Package Variable Loan if you would like an offset account feature. Alternatively, a split loan facility can provide you with the best of both loan types.