Terryw wrote:

How would I be doing this? Please explain. Obviously I don't know as much as you guys so please help me out.

My situation is as follows:

1. Getting married in May (redraw helps with any expenses that may come up)
2. The property is an IP until May when we move in and it becomes our PPOR
3. We went to a mortgage broker, not a…[Read more]

Thanks so much for the responses! Makes sense regarding calendar days!

The thing I still don't understand is how the interest for September is lower than the interest for November?
i.e both are 30 day months, and when you get to November the loan balance has decreased by 10k yet still has higher interest.
Should I be taking my 5k and splitting it…[Read more]

Interesting, great advice regarding median prices and what they represent. Will keep this in mind! Thanks Scott

Does anyone have answers to my other questions?