Debbie changed their profile picture 7 years ago
Debbie replied to the topic HELP! Changing from a IO to P&I loan in the forum Finance 7 years ago
Jaxon,
Thanks for the response.
I am currently with Suncorp and my current rate for an Investment IO loan is 4.36% (with 100% offset) and they said they would keep me on the same rate if I was going to change to their Investment P&I loan, otherwise it is going to revert to 4.74% from 1 November.
Sorry for confusing you, I make sure I keep in…[Read more]
Debbie replied to the topic HELP! Changing from a IO to P&I loan in the forum Finance 7 years ago
Jaxon,
Thanks for the response.
I am currently with Suncorp and my current rate for an Investment IO loan is 4.36% and they said they would keep me on the same rate if I was going to change to their Investment P&I loan, otherwise it is going to revert to 4.74% from 1 November.
Sorry for confusing you, I make sure I keep in the bank what I would…[Read more]
Debbie replied to the topic HELP! Changing from a IO to P&I loan in the forum Finance 7 years ago
Jaxon,
Thanks for the response.
I am currently with Suncorp and my current rate for an Investment IO loan is 4.36% and they said they would keep me on the same rate if I was going to change to their Investment P&I loan, otherwise it is going to revert to 4.74% from 1 November.
Sorry for confusing you, I make sure I keep in the bank what I would…[Read more]
Debbie replied to the topic HELP! Changing from a IO to P&I loan in the forum Finance 7 years ago
Hi,
Thanks for your response.
I have been working with my broker and I mentioned, my P&I rate is the 2nd lowest in the market (only 0.04% difference) so I am not really interested in changing for that amount.
I definitely won’t be buying in the future, 2 properties is enough for me.
The question I was more asking about was would there be any…[Read more]
Debbie started the topic HELP! Changing from a IO to P&I loan in the forum Finance 7 years ago
Hi,
I would like some advice. I have 2 investment properties and rent in the Sydney CBD. I am currently on an IO loan and have a 100% offset. I received a letter from my bank to say that from 1 November my IO interest rate would be going up by 0.40% but if I wanted to swap over to an P&I loan, it would stay at the same rate I am currently on…[Read more]
Debbie started the topic HELP! Changing from a IO to P&I loan in the forum Finance 7 years ago
Hi,
I would like some advice. I have 2 investment properties and rent in the Sydney CBD. I am currently on an IO loan and have a 100% offset. I received a letter from my bank to say that from 1 November my IO interest rate would be going up by 0.40% but if I wanted to swap over to an P&I loan, it would stay at the same rate I am currently on…[Read more]
Debbie started the topic HELP! Changing from IO to P&I in the forum Finance 7 years ago
Hi,
I would like some advice. I have 2 investment properties and rent in the Sydney CBD. I am currently on an IO loan and have a 100% offset. I received a letter from my bank to say that from 1 November my IO interest rate would be going up by 0.40% but if I wanted to swap over to an P&I loan, it would stay at the same rate I am currently on…[Read more]
Debbie became a registered member 7 years ago