Meaning Redraw facility
What does Redraw facility mean? Here you find 6 meanings of the word Redraw facility. You can also add a definition of Redraw facility yourself
1 |
0
0
Redraw facilityA feature that allows a borrower to access excess funds that have been paid towards a loan. > more
|
2 |
0
0
Redraw facilityAllows you to make additional repayments on your mortgage, and then have access to the additional repayments if you need to. It is important to understand the conditions attached to the redraw facility as they can include a minimum amount and a fee for every time you use it.
|
3 |
0
0
Redraw facilityGives you access to any extra money you have deposited into your home loan.
|
4 |
0
0
Redraw facilityGives you access to any extra money you have deposited into your home loan.
|
5 |
0
0
Redraw facilityThe flexibility granted to borrowers to withdraw surplus money repaid to banking institutions.
|
6 |
0
0
Redraw facilityA redraw facility allows you to make additional payments on your mortgage, but also have the access to the additional payments if required.
|
| << Transaction account | Reserve Bank of Australia >> |
Dictionary.university is a dictionary written by people like you and me.
Please help and add a word. All sort of words are welcome!
Add meaning
Please help and add a word. All sort of words are welcome!