Looking at redrawing on investment property to buy PPOR. I understand that there might be tax implications to use available redraw funds for...
Watch out if you have redraw available on a home loan and request a repayment holiday. At least one bank, Commbank, has said they will ‘take’ the...
Hi I have a redraw situation with ING (home, not investment side). I am toying with pulling the funds out - LVR still sub 50% after. Do you...
Hi all, Thanks in advance for any ideas from those who’ve been there done that: If I was to hypothetically refinance a loan with 2 splits: Old...
Hi Currently have one IP worth $600k ($350k outstanding loan). I have the option of $70k redraw. Is it worth using this redraw to purchase my...
It is rare for a broker or banker to be trained in the tax issues surrounding the different products and features that are available, so they will...
Hi guys, So I have a scenario and I am hoping you guys can help clarify the practical details: I have a PPOR P+I loan into which I have made...
In my law firm I advise on debt recycling and come up with a common misunderstanding on a loan issue. This is the amount available to redraw when...
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...
As rates have come down in the last couple of months, we did not reduce the repayment amount. The redraw now has an amount of about $2000 (happy...
Hi, Our current home is almost paid off but our mortgage setup doesn't have an offset account. It comes with redraw facility. 1. If we use the...
Hi all, I want to know whats your opinion on loans from 3rd tier providers e.g. liberty etc who are not ADIs. Would you put money into their...
We have a loan fixed for one more month. I have $27k sitting available for redraw, and wish to spread this over a few other loans to get a few...
Hi All, I'm looking for some guidance around my property and tax. Here's my current situation: Recently bought a $800k house with a mortgage of...
Good morning all, Just a quick question that I am hoping has a quick and simple answer which may have already been answered in one of @Terry_w's...
If my investment loan is in credit. If I redraw what can I use that money for? Repairs? A new hot water system? Pay rates and building insurance?
Howdy, After some clarification as to whether what I'm looking to do is possible. At present I have a 9 year old PPOR which has been...
Hi everyone, just need some advice on an IO loan I have with Bankwest. Loan details are $565K and property value is only $600K-$620K. So LVR is...
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 a PPOR and the loan has offset and redraw facilities. The offset is also my transaction account which I use to pay bills, receive salary,...
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