Search results

  1. Peter_Tersteeg

    Offset amount being greater than or equal to loan amount - interest only.

    With most interest only loans, if you have the loan fully offset, then the repayments would reduce to $0. You might still pay account keeping fees, but this is obviously good for cash-flow. For a P&I loan, you're contracted to make a minimum periodic repayment. If the loan is fully offset...
Back
Top