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Rental income and interest payments
Hi MoneyFairy, the loans are all with the same banker. The reason being is that we can get better interest rate that way. With separate bankers I am not sure if I can get the same interest rate.- kamchatsky
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- Forum: Accounting and Tax
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K
Rental income and interest payments
Hi all, I have the following loans setup for my PPOR and 1 IP: Loan 1: PPOR loan (450K) with Offset (150K) (secured by PPOR) Loan 2: IP loan for 20% of value of IP (secured by PPOR) Loan 3: IP loan for 80% of value (secured by IP) Loan 4: IP loan (115K) with offset (115K) (secured by...- kamchatsky
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- Replies: 3
- Forum: Accounting and Tax