jm_jazzy replied to the topic Finance from overseas at very low rates? in the forum Finance 13 years, 1 month ago
It sounds like a good deal to me too. Even with currency fluctuations you could come out on top.For you to start losing money on a 700K loan the exchange rate would need to fall to around A$0.52 on an interest rate of 4% if you include approximated fees and assume our rates stay around 7%.Also if you are smart about paying back more money when…[Read more]