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Yes. Additional payments can be made on
variable rate, principal and interest repayment
loans without costs. Additional payments on
interest only loans are also permitted.
Additional payments should be made by either
personal or Bank cheque and clearly identified
with the loan account name and number. Additional
payments should be posted to Trustar Mortgage, P O
Box K-82, Haymarket NSW 1240.
You will receive interest benefit for any
additional payments upon the moneys being received
and credited to your loan account with the
Trustee.
Upon recept of your cheque, we will deposit the
moneys directly to your loan account up until 12
noon on the day the moneys are received and if the
day of recept is not a working day the deposit
will be made on the next available working
day.
All cheques should be payable to Perpetual
Trustees Victoria Limited and forwarded to the
Trustar Mortgage office.
Should a substantial principal reduction to
your loan be made, you can elect to restructure
your repayment schedule to reflect a reduced
repayment, and this can be arranged by contacting
the Trustar Client Service
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