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Thanks all, really appreciate your advice - its making sense. Our PPOR is fully paid off and we have a LOC up to about 200K - was about to go in and close off the loan but will keep it open pending chat with broker.

Thanks Rolf. What's an LOC? I think you're right about the nab looking after there own best interest (as you'd expect I guess). Will be getting better advice next time. Ps - I accidentally posted original message twice. Apologies. Learning slowly how this starting threads works.

Hi there, would really appreciate some advice on the loan structure we have set up for IPs. Hubby and I currently have two 1BR units close to Canberra purchase price 130K each. Both loans, 145K each, are with nab and secured against our PPOR. One unit is fixed principle and interest. The other...