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Reply: 1.1.1.1.1.1.1.1.1.1.1 From: Rolf Latham Hi Greg Commonly if you retian your business with your exisitng lender you may find that they will be kinder with regard to early repayment costs. Ta Rolf

Reply: 1.1.1.1.1.1.1.1.1 From: Rolf Latham Hi Greg I have a different view to LOCs than do most people. I would generally suggest that a straight 100 % offset account is a more suitable product for the following reasons: 1. Interest rates for these products tend to be a little lower...

Reply: 1.1.1.1.1.1.1 From: Rolf Latham Hi Greg Are you likely, as many people try to, retain your home as an IP at some time, or is your PPOR the home of your choice for the next say 10 to 15 years ? Ta Rolf

Reply: 1.1.1.1.1 From: Rolf Latham Hi Greg What I normally do is to look at the total cost of the loan over a seven year period for the entire loan amount. This is similar to the AAPR or average annual percentage rate systems promoted by many non bankies. I look at the entry, ongoing and...

Reply: 1.1.1 From: Rolf Latham Hi Greg Calculators of various sorts of this type need to be treated with caution, not because they are wrong but because you need to actually see whether the basic assumptions apply to you. Generally speaking on lower incomes and cashflows these products on...