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Split rate mortgage options

Rebel1977 · 2015-06-15 14:18:04

If you have a split rate mortgage say 75/25 fixed/ variable can you still lodge into the home loan account to reduce the principal without incurring a penalty charge ?

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15-06-2015 3:18pm

#1

Rebel1977

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If you have a split rate mortgage say 75/25 fixed/ variable can you still lodge into the home loan account to reduce the principal without incurring a penalty charge ?

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#2 15-06-2015 11:07pm
Trish56

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You can pay off lump sums from the variable part of the mortgage without penalty.

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