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Hi Myla ,Depends how much you have to pay out. doesent fit our situation long term as I'm sure a lot of people will agree.

hi tony, Did you also take into account interest saved over 3 years on the 20% EFM in profit overall which is about $20 000

Hi Patricia, Only available for PPOR at this stage. would suit investors in a flat market,after a boom perhaps.Will havtto wait and see. Myla when you refinance this loan you have to pay back the EFM along with 40% CG.You can do this anytime. You simply refinance to 95% of value of...

Mark this loan is not aimed at investors remember!!! I'll use this loan while we are having kids. My wife is the one who earns the higher income and although mine isn't to bad we will have a comfortable lifestyle because of taking out an EFM. Then after 3 years refinance to 90/95%...

Hi Geoff, Suppose your property you bought remained the same value over say 2 to 4 years and over this time you repaid 20% of your mortgage. you could simply refinance,not paying any capital gain and save interest over this period. Obviously the EFM have done thier home work and assume...

Thanks Richard, We are very pleased to have a loan under this scheme. it gives us a bit of breathing space when kids come along not having to make any repayments on 20% part. Also will help with future borrowing as far as servicability goes in the future. Cheers.