AnthonyCompany car $5kif you want to know how much you can borrow you can email me…cheers

Qlds007Agree with what you say, it varies lender to lender we (Rams) are currently using 7.59% as assessment rate which is 1% over the cheapest variable rate product, and much lower for fixed rates…

Hi Dave/MrUniqueit's really not that confusing or difficult.the assessment rate is usually 1% above the standard variable to give the insitution more comforthappy to work it out for you if you want to email me, i have a calculator that one of the lenders useotherwise there are manual ways as Qlds007 mentioned above.cheers

PosEnterprises wrote:
What are the current rates for pro pack discounts anyway?  I am currently paying 7.79% for IP and waiting to hear about the discount which maybe .65% but not sure yet.

over $500k 6.19% currently for both full & low doc

PosEnterprises wrote:
No I will have to get the latest cuts from RHG and then run the figures again to see if it is worth it. Do i still get a rebate if i leave RHG and go to Westpac or RAMS?

Rams yes, Westpac no

PosEnterprises wrote:
yes the rate goes down to 1.5% this year now.  I am not sure if i should sit out and wait until end of Sep 09 before i refinance again.  But hoping that i won't miss out on the lower fixed rates so i can fix for 5 years.

Poshave you run all the figures? that should give you your answer one way or the other…

AjaxRams still going strong with low doc and have no immediate plans to change policy. Actually policy has relaxed a little now not using GE for mortgage insurer.  So short-term anyway no changes I have heard. No restrictions on equity release either as long as stated purpose, whereas with GE as mortgage insurer it was very limited.GST…[Read more]

PosEnterprises wrote:
What rebate are they talkin about and how much  I am stuck until Sept 09 and got to pay about $12k all up if i leave.  hmmm what to do!

if your ERF's are around $12k, i'm thinking your loan amount is around $500k ish? Sept 09 does it revert to 1.5% or 1% for ERF's? you need to figure if it's worth waiting to pay lower E…[Read more]

Terry, where was this??

mine were also 2% until July 09 but just moved across, it made sense to switch to 5.69% instead of mid 7's. Lo Docs are max 80% at Rams now / 6.29% currently under s/e pro pack…let me know when you're moving across and can help you out…there is a rebate you can get also

lol AjaxI think Raymond has done pretty well out of the RHG mess as he's also been employed by Westpac. are you still with RHG or did you move accross?

doubtful this will eventuate to anything…