Switching to or extending interest only repayments

For home loans with a BSB starting 182, if you’re looking to switch from principal and interest repayments to interest only, or extend an existing interest only period, you’ll need to submit an application for a credit assessment that is subject to approval. 

To get started, please complete the Variation Application form, and send to mortgagevariations@macquarie.com.

It’s important to ensure the following information is accurately completed on your application in the spaces provided:

• income for all parties on the loan 
• assets and liabilities 
• living expenses. 

For home loans with a BSB starting 183, switching to or extending an interest only period is not available. To discuss your options, please get in touch with a consultant using live chat.

For home loans with a BSB starting 182, in some instances, you may be required to sign a Variation Acceptance and return it to us before the changes can be made. You’ll receive the Variation Acceptance by email or post after your application is approved.  

This information is not applicable for home loans with a BSB starting 183.