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  1. R

    Interest only FLAWS

    If you have a PI loan and you are paying proper fornightly repayments( rather than bimonthly) you will save a stack of interest over PI monthly because you are pouring an 8 %extra repayment into the loan. So its not Rocket Science that you will pay the loan off much more quickly. The real...
  2. R

    Interest only FLAWS

    I forgot to add Having ALL your available cash in offset on an IO loan means all your money is working daily due to interest being calculated daily. Id suggest that a PI loan paid weekly, vs an IO loan paid montlhy with the same cash outlay as PI parked in the offset will produce the same...
  3. R

    Interest only FLAWS

    Welcome IO with 100% offset is PI at your option Done ta rolf
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