Being on this topic, just wondering which insurance company is best for life insurance?  Is it always best to keep all your insurance with the same company (incl bank where your mortgage is) to get a better deal?  One of my friend's husband had his life cover done recently with Real Life Insurance, he initially wanted a family life cover but un…[Read more]

Wow that's a very good % thanks for that info John.

Thanks for that great advice Richard.  Apparently, we've already had that facility of $10k for approx 3yrs now which is helping with family commitments and so forth now and then eventhough the interest is incredibly high.  Maybe I'll stick with the first plan of refinancing to amend ownership of our PPOR and leave plan B for another reasonable ti…[Read more]

Thank you everyone for your help.  Aren't I so glad I found this forum, it's very educational and informative.  I like the part where stamp duty is exempted on the Certificate of Title and the Mortgage being our PPOR.Now that we're in the process of refinancing our loan of approx 3yrs, will it be better to ask for an additional advance now f…[Read more]