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  1. Redom

    How to decide which account to offset against in a split loan?

    Depends on your LVR - lending conditions are tightening, no doubt. IO loans on high LVR PPOR lending can be tough to get - i'm starting to see this with some of the more aggressive lenders NAB, Macquarie, etc. Just get your broker to try, but it may not be possible. Cheers, Redom
  2. Redom

    How to decide which account to offset against in a split loan?

    2k each month for 36 months is $72,000. Add in a 20k buffer for extra repayments. You have a variable loan of $127k. Therefore, by the end of the fixed rate period, you'll still be paying interest on this part of your loan (albeit, small), as well as your fixed loan. I'd take the interest...
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