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All fair points Alex. We will live off the same thing we would if we didn't own our PPOR outright, investments. :D We plan to heavily invest during and after we pay off our PPOR. W may even convert into an IP in future and have it +cashflow for some income. Will be in the wifes name so...

Good to know. We will be tipping in extra where we can and once up to the original loan amount the house is 100% ours. :D Should only take 5-7 years at the rate we are going. Cheers, Mick

Would be nice. Any bad debt is great to get rid of I guess. :D Cheers, Mick

Yep. We would like to pay off our PPOR before investing in rental property. I guess the reason behind this is because ill always be in commission based jobs and the wage's go up and down so much it would be a huge burden off our backs if paid off in full, or at least a huge chunk of it in the...

Thanks for the reply. We understand this will not be deductible as its not an investment loan. Ah yes so i we have a loan amount of $150k, and we have $150k sitting in the offset account, we effectively don't have to pay anything each week to the bank. In that case could we then...

Hi everyone, Long time no see from me. Ive been a busy little bee selling my ring off in the car sales industry. Thoroughly enjoying it, although the 65 hr weeks are getting to me a little. Anyway, the reason im popping up again is to clear something up that a friend of mine at work...