If you’re looking to pay off your Unloan home loan faster to shave interest and years off your mortgage, here are three ways:
Nominate a greater amount compared to the minimum repayment amount either when completing your AutoPay set up or at any time throughout your Unloan home loan. Learn how to make changes to your AutoPay.
Set up an additional automatic transfer outside of your AutoPay arrangement, from your primary bank to your Unloan home loan using the Unloan Home Loan BSB + Account Number, just like a regular bank transfer.
Make additional ad hoc repayments into the Unloan Home Loan.
You also have the flexibility to access the additional repayments you’ve made to your Unloan home loan at any time with our redraw facility. When you maintain an available redraw balance, it can also help reduce the interest charges on your home loan balance, making it possible to pay off your home loan sooner. Learn more about our redraw feature works.