Forum Replies Created

Viewing 1 post (of 1 total)
  • Profile photo of Sigman21Sigman21
    Participant
    @sigman21
    Join Date: 2012
    Post Count: 3
    April 20, 2012 - 6:07 am
    Qlds007 wrote:

    Had an enquiry from a forum client only last week with the same question and when we looked at their likely disposable month income post expenses the amount available to save was minimal. With a loan under 250K the interest rate discount and the cost of the offset account didnt make it a viable strategy.

    Thanks for your reply

    By the above quote do you mean the amount of money your client would have available minus there monthly expenses? In my scenario my current expenses are a bare minimal and I have no other debts etc….Does that mean an IO loan with 100% offset is still suitable?

    Also am I best off getting such a loan from one of the big banks or am I better off finding a smaller lender?

    Thanks for your help,
    Dean

Viewing 1 post (of 1 total)