I currently have 200k in offset on the OO loan since it is non deductible debt, however with the recent drop in fixed rate for OO at 2.29% would...
INFO: FHB looking to purchase PPOR with partner, live in for a couple of year before making it an IP and buying new PPOR. I have engaged a...
Do they exist ? Does anyone know of any lenders out there in Australia that allows an offset facility for construction loan ? Offset facility...
Hi All, My partner and I are looking to buy an IP on the east coast. We dont currently have a PPOR as we may not be staying in Perth long term. We...
Hey everyone Just a quick one, given Liberty is not a ADI, is their offset doesn't have an account number as such, is this still recognised as...
Hi Team, Just wanted some input regarding this situation: - No PPOR, 2 IPs - IP 1 just reverted to P&I (after 5 years of IO) 400k at 4% - IP 2...
Hi all, I've just been advised that my interest only period on my PPOR home loan is due to expire in a couple of months. Currently this loan is...
Hi Everyone, I know it may have been asked before but i just want to know where is a better place to put extra mortgage repayments? Is it...
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...
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