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  1. Bill.L

    Zero rate home loan has a capital catch

    Hi all, Interesting concept about paying out the loan early. Therewould probably be some sort of penalty, such as 40% of the growth up to the point of when the loan was paid out. As the owner, the obvious thing to do would be to pay out the loan just before the property needed a reno...
  2. Bill.L

    Zero rate home loan has a capital catch

    Hi all, There always has to be a catch:mad: :mad: Actually the last couple of paragraphs did not load when I went to the article before. Now the deal sounds very unattractive (as I would expect). So who would fall for such a one sided deal?? My guess is people who want to spend...
  3. Bill.L

    Zero rate home loan has a capital catch

    Hi all, Geoff, that sounds a bit too good to be true. however the article does not mention what part of the initial equity will be funded, (and they probably will exclude investors anyway). Just imagine, I get 100% finance (interest only) at 0%. They can lend me 100% because I will always...
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