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Norwood Extends Loan Repayment as Principal Falls to $318K After $550K Paid

8:47am on Tuesday 1st of July, 2025 AEST Technology
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Norwood Extends Loan Repayment as Principal Falls to $318K After $550K Paid

8:47am on Tuesday 1st of July, 2025 AEST
Key Points
  • Tenth variation extends loan repayment to 31 July 2025
  • Principal reduced to $318,341 after $550,000 repayments
  • Loan facility initially $300,000, increased through multiple variations
  • Interest rate steady at 7.95% with 1.75% extension fee
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