Have you done it?
Whats involved?
Do you have to have a deposit as you would for a normal loan or can you just move the whole amount across as long as its under the loans required LVR (ours is between 88-91)?


I guess the deposit part is the main question I have.

I want to break my fixed rate loan. I know what the costs involved for breaking it are and Im prepared to cop them, as well as the risk that rates go up - they'd have to go up 9 times to get to what we're locked in at.