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  1. Peter_Tersteeg

    Apportioning Interest/Principal on mixed loan

    Reply: 2.1.2 From: PT Bear Felicity, Several reasons I don't feel comfortable with NPI: 1) Every property they've pushed at me is in Brisbane, which is a market place I know little about right now. 2) Some of the prices they're quoting seem awfully close to Melbourne prices and I do know...
  2. Peter_Tersteeg

    Apportioning Interest/Principal on mixed loan

    Reply: 2 From: PT Bear Hi David, I've you've got a 50k mortgage on a 200k home, you've got 150k in equity. Rather than redrawing and increasing the amount to pay off on your home loan, you can borrow 100% of the IP cost, plus legals (about 106% IP cost in total), secured against the equity...
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