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Reply: 1.1.2.1.1.1.1 From: Ric1 . I have just re-negotiated my ANZ loan. In the letter telling me that it was time to re-negotiate, they quoted me the new repayment schedule, under a P&I regime. I told them that I wanted to continue IO. No problem, they seemed happy to allow that to happen...

Reply: 1.1.2 From: Ric1 . Another reason to go IO only, of course, is that the interest component of any repayments is tax deductible, but paying off principal is not. Ric