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A bond would buy u time www.depositpower.com.au ta rolf

My clients experience is no...........but then, maybe, its worth challenging the ATO on issues why should I be penalised because my lenders are slow etc On to realities when is settlement fot the IP ? ta rolf

nah Wont fly because we have lost the nexus of the funds If they cant do the top up per se in time, maybe they can split the 42 off as a separate facility ? ta rolf

Hi AMS If the SPARE cash is YOUR tax paid money, and not borrowings, the ATO has no right as to where that should be parked, and wont affect your dedns ta rolf

Hi Cross In MOST but not all circumstances, if LMI to 90 % has been paid, then you only need to pay a top up premium...........which is usually ( but not always smallish) ta rolf

yup thats the way it works there are other versions which are more aggressive depending on what you want to achieve ta rolf

Hi using ur numbers 325 value means you can borrow to 260 k without lenders mortgage insurance agianst your PPOR. This model only applis if you did NOT use lmi when u took the loan out to start with. U currently have a loan limit of 193. ASsuming you have some BUFFER money elsewhere...

NEITHER Set up a SEPARATE facility to 80 % lvr. Doesnt matter a whole lot of LOC or term loan. Otherwise u risk comtamination of investment and PPOR debt. Both an accounting mess now and much worse in the future At the same time convert your PPOR loan to an IO term loan with an offset...