Thanks for all your help, i'll keep on saving for a for deposit for the next place!

Thanks Jamie,

Would have thought the bank would take into consideration of the currently debt level situation.

Jon

Thanks for both your responses.

I wouldn't be setting this up myself, I would get someone to arrange it, as you guys have mentioned, get it right from the start, so that I could avoid issues later on.

Might do more reading and have a chat with the family accountant

Thanks for your advice Jimbo8u, will take the points into consideration. It's an eye opener

Thanks once again Otto D.I guess we learn soemthing everyday. When we first went into Aussie, the search they did came up with a whole bunch of products, as to why we didn't get the ANZ Breakfree package in the first place i'm not sure, but i first heard of it when i joined this forum!Yeah i find the Breakfree package quiet competitive if we…[Read more]

Thanks for your responses V8ghia & Otto DV8ghia – In the first place, we actually went through Aussie HomeLoan and we got a pre-approval for  ANZ simplicity plus homeloan, but the ANZ one offset a/c can't be linked to it!So hence we went to the ANZ branch ot look at the Breakfree package after doing a bit of reading on the net. As you have…[Read more]

Thanks TerryWNeed to consider if i need to get a Anz Breakfree package setup or just have the ANZ loan an the ANZ-One. If i had a few loans it would be worth it, to take the $340 a year, but I'm not sure if that $340p.a will waive all the loan fees and the CC fee etc…. something i'll ask on Thursdays appointment!Work Ur Money

Thanks TerrywJust say cash builds up and you need to purchase a new family car. Would it be best to have that cash in the Offset a/c then? So for the interest sake rather then opening another a/c just to save for the new car where you could pay tax on the interestthanksWork Ur Money

Hi all,Been looking around the forum for a while. I've had a similar question to RJB, so in stead of asking i again i've posted in here, hope you don't mind RJB.Currently in the whole process of getting a loan approval and finding a place that my partner and I would like. Would it be better for me to setup an 100% Offset a/c like ANZ One and…[Read more]