Hi,
Dont know if this helps … i just set up my PPOR with an interest only loan and i am paying 200 per fortnight principle of this… as having a P&I loan worked more expensive for me. Besides … if i have a bad pay i can always skip a Principle payment… also worked out that by paying this 220 p/f im actually saving a Whopping .04c per day in interest each payment ) compounding this over 365 days it begins to add up…
Cheers
Happy Investing

Lys