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Complete variable home loan repayments

Posted by MJL88 MJL88
Message 1 of 2 467 Views

Building a home and trying to understand when repayments start, we have settled for the land and are awaiting construction to start, when do we start repaying the loan? and I notice a transaction in the bankwest app which is a credit and description of "Loan proceeds" from  Bankwest what is this amount for?

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Re: Complete variable home loan repayments

Posted by MegB MegB
Message 2 of 2 454 Views

Hey @MJL88 the first loan repayment will be due a month after the first disbursal. 

So we can provide specific dates, please log into your online banking and hit the 'Message us now' button from the bottom of the screen, or the 'Ask us' button at the bottom of the app menu. Our Online Messaging Team are available at any time for your convenience. 

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