Thanks for your replies.

I am interested to know more about the “interest free loan”.

Can you please tell me more about this.

Kir

So my home loan does not go up which is good news. But you say it is secured against the equity. Does this mean that if we sell we will then owe the bank that secured amount. Eg. If we buy for $100,000 and need to use $20,000 of our equity for a deposit, do we then owe the bank that $20,000 if we sell our home?

Kir