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Thanks All :)

Thanks All, that is the answer I had hoped for. Just so you know, i assume I will put this house into a IP at some point, however I just wanted to have the scenario, to be sure that there is only upsides, not downsides. I do not have a high paying job, and plan to have kids in the next few...

So what if I never invest? Is an IO loan, but paying the P&I rate (or greater) the best option for me right now anyways? Are there any downsides to an IO loan on a PPOR as long as you are making the additional payments?

That's what I thought. Can anyone else confirm this? Is there any downside to doing it this way? I mean lets say I never by an IP, and in 10 years I have $300,000 in my offset, I should be able to just drop it into the PPOR loan and pay it out? I can't see any reason you would want a P&I...

Hi All, I am just wondering the best way to do my loan. My broker advised me to go with a P&I loan, unless I planned to turn my PPOR (first home buyer) into a IP in the future. My situation; Loan 305,000 With CBA and paying P&I. 100% Offest account $10,000 in offset account +$2000 in...