After we sell our house we'll have a load of cash in the bank to use as a deposit for a new house. Just a background, I only own 1 house to live in and not interested in any investment properties atm. In your opinion, when we purchase our next house, do you think its financially better to take out the maximum allowed loan leaving heaps of spare cash in the offset account? Or do you think its better to tie up the money in a bigger deposit to reduce the repayment amount? FYI the LVR would be around 60% if we bought a new house with max deposit so no issue with mortgage insurance.