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Right.. Gotcha! :-) I updated my spreadsheet and looked at the possible circumstances and results. And basically found 3 possibilities (from worse outcome to best): WORSE: a) Put the $250k into a standard interest bearing account to earn say 5% interest. Which is then tax deducted to produce...

Hi Buzzlightyear, Thanks for your reply.! I understand what you said in the first two paragraphs. However I didn't quite get your third paragraph (quoted above) Can you please elaborate a bit more to see if i can understand it..? I work well with figures and examples if that helps :)

Hi Rolf - thats correct, no occ loan - this is my first IP. And have savings that outweighs the loan that i'll be getting. I was originally thinking just putting the extra savings into a standard savings account earning at best 6% interest these days. However i might be considering term...

Offset account & tax deductions Hi All, I've been going through the topic of mortgage repayments and tax deductions, and I wanted to get opinions on what you believe is the best situation. If I have enough savings that out weighs my home loan - should I go with an offset account, and pay no...