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Leaving aside the structure question of why you wouldnt put more than 1 mill with a single lender, are any of your facilities fixed? Have they reduced the discount on the rest of your lending to .8%, or are they leaving that at 1%?

If you had a lot of front, the best way to ask for a discount is to submit a discharge form, saying you were refinancing to another lender. It triggers the customer retention team to give you a call. Otherwise, you go cap in hand to the bank manager/lending manager/call centre and ask. As...

the particular lenders risk appetite at the time. for instance late last year ANZ was giving over 1% discounts to loan amounts under a mil. It was a 'special promotion' since ended. Westpac did the same after their bananna smoothie fiasco to help their retention team. A lot of the time, its...

There are quite a few ledners who use the actual repayment rather than a plug rate for serviceability. It doesnt mean their calculator is less conservative. Adelaide bank, Homeside are two examples, off the top of my head. However, for the point of the debate, lets assume their calculator...

Whats their serviceability calculator like? I suggest its pretty conservative. If there were investors with the kinds of loans that could make these savings of a couple of k's per year by switching to Ubank, I'd suggest they would be better served in building their wealth by structuring...

about right. what is the yearly saving with that extra .06%. I used to use the rull of thumb that if I couldnt make up the refi costs within the first year, it wasnt worth it....

ask for their email address, email through a completed discharge form, and wait by the phone.