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I would always convert to IO unless you're not good with having accessible cash. Your broker might mean well, but paying off an IP causes a world of hurt which she clearly doesn't understand. For eg, what happens when you want to buy a PPOR? All your cash is in your now paid down IP...

If you have a spouse who earns zero income, it may be worth putting anything extra in a savings account in their name only. In nearly all other scenarios an offset against your IP loan is still the best option.