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P&I $442.42/month. Variable Interest Rate 6.68% not including recent RBA reduction. Rent is $225.00/week. Servicing would be as is now - by way of rental income.

Don't quote me but I know it's close - a single pensioner can have their own home and assets to the value of about $230K Actually, I think it would be a problem 'cos Centrelink would see me as getting income regardless of the fact that it would be going straight into re-paying my LOC and that I...

Time to lay it on the line and ask for help. Scenario Due to a major illness (which bought my investing dreams to a halt), I've not been employed for a number of years and am on a pension. I own my own home (with an untouched $200k LOC on it) and have an IP which is CF+. My home is worth...