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Have been confused by this contamination issue my entire life, and these two crystal clear posts really made my day :) So I can safely say the bottomline is: do not mix drawn increased equity with existing loan

So you are suggesting that the new situation would be: Offset account (savings; offset against variable portion) Fixed Loan (negative amount) Variable Loan (negative amount) New Variable/Fixed Loan (neutral/no amount, but with a drawable limit???) What is the term for this? How can I verify if...

My broker :( I did not ask him to elaborate, so it could be my own misunderstanding. So for eg, if I added $27k, where would that money be 'parked' so that I can still offset and not paying the full interest. How would my structure look like? Good thing the application hasn't been lodged yet...

I'm also quite confused by this contamination topic... :( My quite simple case: Offset-account: Against IP. All expenses and income go in and out of this account Doing a re-valuation, and was told that the equity pulled out will be added to this same offset-account. Will this cause the...