If you have been affected by Cyclone Alfred and it would assist you to temporarily pause your home loan repayments, we are here to help.
- All eligible members can apply for a repayment pause on their home loan for up to three months.
This applies to both owner-occupied and investment loans for principal & interest or interest-only repayment terms. - Interest will be capitalised during your Cyclone Alfred repayment pause.
This means interest will continue to be charged to your loan and will need to be repaid once the repayment pause ends – which may result in you paying more interest over the life of the loan. - After the repayment pause, your minimum monthly repayment will be recalculated.
The new repayment may be higher than your current repayments in order to repay the loan within the original loan term.
If you are struggling to make your home loan repayments, you may still apply for financial hardship assistance.
Please complete the form below to request a temporary repayment pause.