Reduce your repayments

Whatever your reason for needing to reduce your regular loan repayments, we'll help you find the right solution. 

Extend the term of your loan

Extending your loan term will reduce your regular repayments. You could extend to a maximum term of 30 years.

Reduce your repayments for a period

If you're paying more than the minimum required repayment, you could reduce your regular repayments provided they stay at or above the minimum.

Apply to switch your loan to interest-only for a period

Because you’ll only be paying interest and not the principal, your regular repayments will reduce.

Let's talk things through

Although these options will free up funds for you to cover day-to-day expenses, they may also increase your overall interest costs over the term of your loan. Talk to us about how we can help you make the decision that’s right for you

Get in touch with our Mobile Mortgage Managers