Good to see my old mate Bronco stalking me on the forums hahaha. Cheers for the information everyone. And Morgan I have looked into DHOAS a lot more and can see where you are coming from with not being able to make it interest only, they also have some restrictions on claiming tax in the first year. So will definitely do some balance sheets and…[Read more]

Well I guess that is an option, but if I dont put a %20 deposit into the Canberra place then I will get stung with the mortgage insurance! ouch….

Then again this may be a wiser option in the long term.

FYI I will have between 65 – 70k deposit