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  • Profile photo of jonesboyjonesboy
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    @jonesboy
    Join Date: 2008
    Post Count: 1

    Confused. I am in the same situation but have no mortgage. I have moved out of PPoR and is currently being rented. I have no other properties. However, I refinanced 200k on investment house and land package which unforetunately had to sell.  I have kept  this interest only loan of 200k (7.62%), and have the 200k cash from the sale of the land.

    should I keep the house? or pay out the loan?

    should I sell the house? (200m from beach on Sunshine coast!) buy a new PPoR and start again?

    any advise appreciated.   

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