Yep.
I listened to Dad's suggestion (good advice if you are super conservative and not planning on building a portfolio). I should have seen a mortgage broker but I was naive and didn't know the myriad benefits of doing so.
I copped a fat break fee and paid way above SVR interest for almost 3 years (total ?unnecessary? cost was about $44k I think) but I'm up a few hundred grand thanks to the investment properties I was able to pick up in the wake of breaking the loan and switching to interest only repayments. Well worth it.
Oh, and I negotiated a 0.33% rate discount with the lender for the life of the loan to soften the blow of the break fee.