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I say maybe ;) that may be too much or not enough Arbitary amounts arent the best way to approach this ( usually) have a chat with the CUA banker / broker as to what you should do, and ask them to show you debt recycling may work in your circumstances. Once you know why you are...

if u are locked to CUA for whatever reason, id leave a moderate amount of the loan variable and have all asIO so that you can have some flex around your repayment, debt recycling and future investment options ta rolf