Possibly, but a lot more information is needed. Calculating borrowing power is fundamentally simple, but goes into a lot of complex detail....
This is the problem with property investment plans. A key part of the planning process is the finance and I've long been thinking of a 'finance...
I suggest you contact a broker to get a better understanding of your options and how they meet your need. Brokers can offer loans from UBank and...
Consider that a household partnership might earn $100k - $200k or more per annum between them. This might give you about $1M in borrowing...
How will your broker get paid? They've done quite a bit of work on your behalf and have done what you asked of them. It costs time and money to...
When I've rented it's always been monthly, my tenants have always paid monthly. That's been my experience for 30 years. Given it's paid in...
What you appear to be saying is: 1. Your SMSF owns a business. 2. Your trust wants to buy the business from the SMSF. Other than general share...
If the main reason you want to do this is to release equity, this generally falls outside the policy parameters of the 1% buffer rate offers. The...
The theory with 'paying off your PPOR faster' for better serviceability is generally misunderstood and a bit misleading. I'll try to explain......
Non banks that can operate outside of APRA don't necessarily use the regular '3% buffer on actual rate over remaining loan term' methedology....
Compressing the P&I preiod to 25 years instead of 30 does reduce borrowing capacity by not really that much. 10 years IO with a 20 year P&I...
Every time I think about selling something I then think about what I'd replace it with. Then I remember that by selling & replacing I'll loose a...
Other than an immediate spouce, you generally can't have two parties on the loan with only one on the title. If you are on the title you're a...
Firstly the online calculators are not even remotely accurate. The questions they ask don't even match their lending policies. These calculators...
If you have a good use for the extra 10% then perhaps it is worthwhile, but if you don't need it, there's no point in paying LMI. You might as...
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