Information about your client’s home loan repayments.
Home Loan account with a BSB starting with 182 | Home Loan account with a BSB starting with 183 | |
Repayment due date | Repayments are due monthly from the settlement date. Clients are unable to change their repayment due date. Where your client has recently settled a principal increase, the repayment due date will not change and will continue on the original settlement date i.e. 28 March. | Repayments are due either on the first business day of each month or fortnightly on Fridays. Clients are unable to specify a due date but can change repayment frequency. |
Repayment frequency | Direct debits for contractual repayments can only be taken monthly. If your client would like to make repayments weekly or fortnightly, they can update their repayment method to salary credit/fund transfer on Macquarie Online Banking, and need to ensure the full repayment amount is credited before the due date. | Your client may be able to change the repayment frequency. Changing the repayment frequency may result in a change to the repayment due date. To support your client with this change please see our Personal Help Centre article on managing your home loans repayments. |
Repayment method | Your clients can pay by:
| Your clients can pay by:
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Loan direct debit |
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