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Yeah, fixed loan. No redraw.

Hence me wanting to outsmart this valuation and know what I can manage to squeeze out of it. Or if you were referring to me pushing things too tight financially, this equity pull is intended simply to inflate my holding costs buffer.

Just wanted to say cheers everyone, especially Jon Mardell for info/assistance. Anyone know the exact threshold CBA uses to determine if your estimated val is close enough to what their system says to accept the refinance? Assuming an 89.9% lend. e.g. if your estimate is within (+ or -) 5% of...

Thanks everyone. This has been helpful and interesting.

Forgive the ignorance, how does one request an upfront valuation and what's the process?

In a few months I'll be requesting a desktop valuation from my lender (CBA) in order to extract equity after making a $10k lump sum repayment. I did this recently, but was conservative in my value estimation and am confident there's more untapped equity ($15-$25k, not including the $10k lump to...