Lowest rate

Discussion in 'Loans & Mortgage Brokers' started by Trader84, 16th Sep, 2022.

Join Australia's most dynamic and respected property investment community
Tags:
  1. Trader84

    Trader84 New Member

    Joined:
    16th Sep, 2022
    Posts:
    2
    Location:
    Sydney
    Hi I was wondering what is the lowest rate everyone has had for both owner occupier and investor p&i and IO. LVR isn’t an issue for me. Happy to get a loan on an LVR as low as 50% if that helps.

    Lending is around 1.2 million.
     
  2. Trainee

    Trainee Well-Known Member

    Joined:
    24th May, 2017
    Posts:
    10,327
    Location:
    Australia
    is serviceability?
     
  3. Trader84

    Trader84 New Member

    Joined:
    16th Sep, 2022
    Posts:
    2
    Location:
    Sydney
    Not at all
     
  4. Branden

    Branden Well-Known Member Business Member

    Joined:
    12th Aug, 2018
    Posts:
    629
    Location:
    Blacktown, NSW
    With a regularly changing cash rate, I would recommend you speak with a broker who can crunch the numbers for you to give you an accurate representation of current rates.
     
    Last edited by a moderator: 20th Sep, 2022
    Never giveup likes this.
  5. Marty McDonald

    Marty McDonald Mortgage broker Business Member

    Joined:
    22nd Jun, 2015
    Posts:
    880
    Location:
    Sydney North Shore and Norther beaches
    0.00% ;)
     
    Branden likes this.
  6. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

    Joined:
    14th Jun, 2015
    Posts:
    10,640
    Location:
    Gold Coast (Australia Wide)
    doable with 100% deposit :)

    ta
    rolf
     
    Branden likes this.
  7. Marty McDonald

    Marty McDonald Mortgage broker Business Member

    Joined:
    22nd Jun, 2015
    Posts:
    880
    Location:
    Sydney North Shore and Norther beaches
    ING pretty sharp just reduced and includes Sep RBA cash rate increase

    OO - 4.09% P&I
    INV - 4.34% P&I
    INV - 4.64% IO
     
  8. Never giveup

    Never giveup Well-Known Member

    Joined:
    13th Oct, 2018
    Posts:
    1,566
    Location:
    Sydney
    Peppers starting 6.18 from mid Nov Inv P+I variable