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If you used your cash you would be diverting funds from the PPOR home loan. The interest on this loan isn't deductible whereas an investment loan is. So it is better to pay off the non deductible loan first and maximise your tax deductions - which in turn can release funds to pay down the PPOR...

80% of $70k is $56k. If you could keep this up the PPOR would be paid off in 3 years. No need to sustain it in the long term, just in the short term :D If you were going to buy an investment you would not want to use any of your cash, but to borrow. It would virtually not make a difference to...