the key to benefit from the asb loan is not to take out any of the dividend to service the loan. You should continue to make the monthly payment from your own money throughout the loan period.
so that at the end of the 25 yrs you have the full loan amount in your account + all the dividends earned.
say on a 200k loan for 25 yrs, at a fix rate of 8% - the dividend amount will increase as every year your total asb saving will be 200k (loan) +dividend. at the end of 25yrs, you own the 200k plus all the dividend which totals up to more than 1 million.
ASB loan, worth to get it???