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Viewing 6 posts - 1 through 6 (of 6 total)
  • Profile photo of Kye20Kye20
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    @kye20
    Join Date: 2010
    Post Count: 7
    January 3, 2012 - 10:55 am

    Hi Everyone,

    My name is Kye, been surfing the forum for a while now taking in all the knowledge building up to finally making that first investment.Living in Darwin.

    Kye

    Profile photo of Kye20Kye20
    Member
    @kye20
    Join Date: 2010
    Post Count: 7
    February 7, 2010 - 11:34 am

    I understand, and thankyou, When purchasing a IP is there any advantages to a P/I loan than IO with an offset account?

    Kye

    Profile photo of Kye20Kye20
    Member
    @kye20
    Join Date: 2010
    Post Count: 7
    February 7, 2010 - 10:46 am

    With a P/I loan would having a offset account be a better idea than making additional repayments straight into your home loan account?

    Thanks,
    Kye

    Profile photo of Kye20Kye20
    Member
    @kye20
    Join Date: 2010
    Post Count: 7
    February 7, 2010 - 10:04 am

    Thanks for all the helpful advice YI, you cleared up a few things for me

    Kye

    Profile photo of Kye20Kye20
    Member
    @kye20
    Join Date: 2010
    Post Count: 7
    February 7, 2010 - 9:54 am

    Thankyou YI,

    Have been reading forums and other resources, so as i understand with a I/O loan, extra repayments can be made at anytime to contribute towards the principle?

    As i am looking into purchasing an IP and not needing a PPOR at this time

    Kye

    Profile photo of Kye20Kye20
    Member
    @kye20
    Join Date: 2010
    Post Count: 7
    February 7, 2010 - 4:02 am

    Thanks for the links

Viewing 6 posts - 1 through 6 (of 6 total)