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  • westsubshuttles
    Participant
    @westsubshuttles
    Join Date: 2014
    Post Count: 2
    October 16, 2014 - 11:21 am

    Hi Benny ,You are correct the setup for refinance will be 3 separate loans not x colled.
    Existing IP loan 100k
    Topup loan against existing 100k
    New ppor loan 400k
    All loans i/o and offset against ppor

    The existing IP loan has 50k in redraw . So i have a choice of payout 100k (consolidate redraw) or 150k ( and use redraw money for investment purposes) which im leaning toward.
    Seems from what your saying consolidating loan is ok. Thanks

    westsubshuttles | westernsuburbshuttles
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