I called my bank yesterday to ask about opening an offset account against a loan to sit some funds in for a few months. I said "I know I can...
I have the following scenario. I applied for a loan, bank processed it and transfer the money to the offset account of that loan. It took me 3...
Hi there, Reaching out to the mortgage brokers (@Jess Peletier, @Jamie Moore @Property Twins etc) on this great forum to see if the following can...
I'll try to keep this as simple as possible. I had a PPOR Loan for $200k. with heaps sitting in redraw, reducing the loan to $120k. The sum...
Anyone done it before as a way to minimize PPOR mortgage repayments and have more cash flow available? Not sure if it's even possible in...
Hi folks, Anyone know of any lenders who allow this? There's a story I found in the following link that mentions "flexible" fixed-rate loans that...
Hi guys, I'm sure this is going to be a dumb question, but I've never been good at maths so thought I'd throw it out there for the brains trust....
I'm curious to know if Westpac allows more than one offset account? I know I can call them, but asking here might be quicker and less painful...
I have just had a new loan facility set up, and am just wondering what others are using their offsets for? The loan product I have offers fee free...
Hi, i am new here and have a question about loan types. I am trying to wrap my head around these three terms. I have no idea why anyone would...
Hi all, I am trying to work out the best way to structure my loan at the moment. Basically I am getting / hearing different results using the...
a maths question I have 80K to park in an offset. One loan is at 4.2% PI and another is 4.65% IO. Both are investment loans. Which loan should I...
Hi everyone, My first post on this forum after a long time of lurking. Please go easy on me. :) I am about to buy my first PPOR, a 3br in a...
Hi All, I'm currently living/working overseas and we have a property in Melbourne we have been renting out. We have a cash balance in the...
Hypothetical questions. If an individual has some capital gain losses from say selling shares or property. Can trust distributions income be used...
Hi all, Just a quick on to clarify the process of what happens to monies you have in offset accounts when you refinance from one bank to another....
Hey guys, Just bought a house and planning on using it as PPOR. In the process of finding the right loan for the place. Plan will be to pay it...
Situation - Loans on P&I - Net rental income cover all interest but only a small amount of principle. - Offset1 - personal savings - Offset2 -...
Just wanted to a quick question re preserving deductibility (as opposed to increasing it). I've read through many threads and googled but can't...
Would like the thoughts of tax savvy investors ! I have 3 loans - 2 of them are IP loans , the new one is an equity release (from one of the IPs)...
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