Lambretta replied to the topic LOC vs OFFSET when NOT investing in the forum Finance 19 years, 4 months ago
I think that in your case Muli that a home loan with a Mortgage Offset account is probably your best solution.
I think Line of Credits are excellent facilities when they are being used for the purpose for which they were intended.
However, I think that your main aim is to pay the home loan off in the soonest possible time frame, rather than using…[Read more]