Hi fellow PCians, I recently attended Graehme Holme's (Infinity Group) webinar on paying off your mortgage quicker. Not withstanding the use of...
Hi All, Like many, we've built up quite a bit of equity in our PPR with growing house prices over the last 5 years and I want to be able to...
I have a bit of a unique situation in that I live and work in the US and own IPs back in Australia. All the numbers below are in AUD for...
Under these conditions: - P&I, Investor (residential) loan. - <70% LVR. - <$1M loan balance. - >$1M portfolio value. - 30yr loan term Which...
I have been looking at the value of savings versus inflation and am now looking at the option of removing the (substantial) savings in the PPOR...
Hi guys, Currently I am with ANZ for both my PPOR and investment property (IP) and both have offsets accounts attached. The PPOR loan is coming...
This is a basic strategy that I wasn’t even going to post but think some people may not realise this. Once the non-deductible debt is gone it is...
I hope it's a trivial answer for experienced investors around offset account strategies :). Say if I have $50,000 savings and two loans: Loan...
Offset accounts are savings accounts that are linked to a loan so that any interest on the loan as calculated by the outstanding debt is...
Some people will only have an owner occ loan on which the interest is not deductible – I mean a loan used to purchase the owner occ property....
Property chat brains trust: I have $300k in an offset account against a $300k interest only investment property loan. We will be using the...
G'day all, I recently restructured my existing AMP Home Loan (with Master Limit), below is how it was set-up before the restructure: Home Loan...
Generally, the loan with the highest interest rate would be the best one to offset as this will save you the most interest. But this is not always...
I'm planning to purchase a PPOR in the near future. I have sufficient funds for the purchase but was wondering whether it makes sense to get a...
Hi guys I'm currently considering putting extra funds to offset our IP, the loan is 425k. There is already an offset account attached to this...
The main reason would be for budgeting by segregating money into monies into different buckets. Some like to save 10% of their income each week to...
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