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  1. Brady

    4.79% variable rate - is it good enough?

    You want security CBA are the lagest bank in Australia... Pending what your future plans to whether CBA is the best bank for you now, it will likely play some part of your investment journey. If you're planning to have multi million dollor borrowing over short period will require some good...
  2. Brady

    4.79% variable rate - is it good enough?

    Small issue that I can see happening is you if borrowed the funds and put them in an offset with your current savings/offset. This could be a tax issue as you would have borrowed funds with savings, which would result in mix purpose. Make sure any extra borrow funds is via a seperate loan with a...
  3. Brady

    4.79% variable rate - is it good enough?

    Rate is decent. But doesn't mean it's a good deal. Boxes are ticked for offset... But you said redraw and offset... it it an acutal offset or redraw. You would want to be sure. Can you have interest only? If you can how long and is it a tick and flick after that time frame or whole...
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