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Hi, We have just had our loans refinanced (IP + PPOR + ML) under a BankSA portfolio loan with separate sub accounts. I am interested in paying down the PPOR debt at an accelerated pace - I plan to pay interest only on the IP portion of the loan, pay nothing on the ML portion and pay all that...

Hi, Does anyone know if the LOC product from Aussie home loans has the correct 'mechanics' behind it to debt recycle on an existing PPOR? The reason I ask is that I made enquiries into getting one set up and was given the impression that the loan did not automatically increase the LOC...

Hello everyone, I am looking at setting up a LOC on my PPOR to use for investment purposes only. I would be looking at using it for debt recycling to try and pay down the non deductable portion of our PPOR loan quicker - I would pay rates, water and other IP related bills through the LOC set...