Tag Archives: redraw

How redraw works and why it’s a handy loan feature

Redraw facility

  Redraw, a handy loan feature It’s one of the less glamorous home loan features, but the redraw facility deserves a second look. Here’s why: The redraw facility explained A redraw facility lets you make additional repayments to reduce your variable rate home loan balance and save on interest. If you pay more than your […]