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Hi B Yep, by putting the cash in the offset you will end up paying the same interest overall with a couple of advantages as well. I can think of 2. 1. It is getting harder to borrow all the time. So borrow as much as you can before the lending rules tighten up more. Your circumstances may...

This is how I would do it. -Set up a LOC for the max possible on the existing place. -Use the 20% deposit from this. -Don't use any of your own cash. -borrow the remaining 80%, IO with a 100% offset account. -All salary and rents should go in the offset account. -LOC interest should be...