Recent content by geepee321

Hi guys, I have changed it to fortnightly and yes it makes a huge difference! So much so that it makes the total interest repayment look really (too) small and incorrect. If i put down 20% or more as a deposit, the repayments become quite big which puts me into a negatively geared...

Here is a spreadsheet I put together, which I have tried to capture all the variables that go into a loan with an offset functionality. Hopefully someone with knowledge could take a look at it for me, because it seems like i'm saving a bit TOO much using this offset account. Also, I would...

Thank you for your quick responses! I am planning to live in the apartment for 6 to 12 months initially to secure the FHOG. I will then move back into my parents place after and rent it out. I think in this situation, I take out the loan as a PPOR? Please correct me if I am wrong. I'm not...

Hello! First and foremost, i'd like to thank all of you folk for all the extremely helpful info you have posted. I'm about to settle on my first investment property(with the FHOG). I started with no knowledge whatsoever on property investment but through this forum and a few other articles on...