Forum Replies Created

Viewing 3 posts - 1 through 3 (of 3 total)
  • Profile photo of KennyGKennyG
    Member
    @kennyg
    Join Date: 2003
    Post Count: 4
    October 13, 2003 - 11:29 pm

    Salary scarifice for investment interest payments appers to be the way to go. Would this impact on annual leave or long service leave entitlements?

    Profile photo of KennyGKennyG
    Member
    @kennyg
    Join Date: 2003
    Post Count: 4
    October 13, 2003 - 3:57 am

    quote:

    Any investment loan type is okay principal and interest or interest only – H/L, Margin Loan, Personal Loan for shares.

    One more question. What happens if the amount sacrifice is over and above the interest incurred as a result of raoid repayments of the loan?

    Profile photo of KennyGKennyG
    Member
    @kennyg
    Join Date: 2003
    Post Count: 4
    October 13, 2003 - 3:36 am

    quote:

    Depends on your employer. Mine offers this option and they require a letter from your finance provider showing interest to be charged for the coming year. You can then sacrifice this amount and draw it down each quarter to pay off your loan.

    Thanks you for this.
    Would this apply to all interest plus principal loan as well?

Viewing 3 posts - 1 through 3 (of 3 total)