I know banks will charge a break fee of the difference if you end a fixed term loan early and it's higher than the current variable. What about...
I'm looking at moving 10 mortgages for 9 IPs from St George (9 loans) and Firstmac (1) that total a little over $1.5m to BOQ and/or Virgin Money....
There are probably a lot more to consider but 3 of the main things that I see are a) Break Costs If you fixed at the wrong time you would be...
I have a 7.5 months to go on a three year fixed loan with Westpac. The difference between the fixed and the variable isn’t much, I think 0.06. I...
If you sell an IP that is funded through a fixed rate loan (and pay off loan in its entirety), the bank will ordinarily charge you a break cost....
Hello, If you break a fixed rate for your rental property (to get a better rate not when you sell the property) can you claim the complete break...
hi all planning to break my fixed loan. kindly can you help identify any hidden surprises? my break fee came upto close to 2k. i will recover...
Pre-GFC, I fixed a mortgage rate. When interest rate subsequently dropped, I was faced with some exorbitant break costs which seemed to increase...
Breaking a Fixed Loan – 3 Different Tax Consequences Comments by RobG in another thread, Tax Tip 130: Tax Deductibility of Breaking a Fixed loan...
Separate names with a comma.
