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Hi Pippety, You have an interesting situation there with the split loan. Remember I said to take all the funds with you in the offset account unless you want to use some of those funds to reduce the principal amount owing on the IP. You may need the help of an accountant when the time comes...

Hi Rolf, I am in a similar situation to dynamictiger in that I have a PPOR with a relative small principal still owing. I'm renting at the moment, however, when I choose to buy another PPOR I will have a large mortgage on that unless it is funded by the sale of my current PPOR. This seems...

Hi Pippety, I'm with Rolf on this one. You have good reasons to keep the property so I won't try and talk you out of it but I don't like you paying it off quickly because in five years when you move again you will have a large PPOR mortgage and a small IP mortgage which is a no-no. The...

Hi dynamictiger, Keeping the property to rent and buying another home is a poor option since the larger home loan is not tax deductible. I feel like a parrot repeating this basic point. If you are planning to buy another home, the home should have the smallest mortgage and most equity in it...