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Chi
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Home loan repayment late

Posted by Chi Chi
Message 1 of 2 558 Views

Hi, today is due for my monthly repayment but I got some financial difficulties this month.If I repay late 1 month,it means next month, I will pay double.1 for this month and 1 for next month as scheduled.is it possible? And how much I get charged for late payment.thanks for reply

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Re: Home loan repayment late

Posted by DanaeC DanaeC
Message 2 of 2 552 Views

Hi @Chi, thanks for your enquiry. If you are unable to make payment to your Home Loan, you may wish to speak with our Collections Team, who can look at a repayment plan or other alternative options with you. You may be charged an Arrears Notice Fee of $35, if your account is overdrawn by 100% of your minimum monthly repayment amount, or for more that 10 consecutive days. Alternatively, if you are experiencing Financial Hardship, you can take a look at this previous Forum post which may assist you with more information. Hope this helps!

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