What is a break cost fee?

If your loan is a fixed rate loan, a break cost fee is payable during the fixed rate period if

• you repay the loan in full,

• the fixed rate is changed at your request to a different fixed rate or to a variable rate, or

• you make additional repayments over $25,000 in a year.

This amount can vary, for further information or support around break costs please visit a branch or call us on 13 25 85. 

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