Search results

Reply: 1.1.1.1.1.1 From: Astro Boy Right, so it seems if may make sense to go for P+I (for a while anyway), that way the loan is easier to secure, cheaper and (assuming its still around) I am up for FHOG. I could live there and renovate for a short while before flipping over to IO. Either...

Reply: 1.1.1.1 From: Astro Boy Hey rolf - thanks for that. Looks like I'm at the steep end of the curve: assuming: - Interest only - approx $450k loan - NSW - established property - 5% genuine savings - which ever insurer is cheapest! (do I have a say - or is this up to the lender) I...

Reply: 1.1 From: Astro Boy Hey there, can someone give a brief summary of how LMI is generally calculated and what the costs are expected to be? ta AB