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Working out interest only loan repayments is easy. Loan amount times interest rate percentage button divided by 12 or 52 equals minimum loan repayment.

Take an interest only loan with an offset account on your current property, that way when you move out and make it a rental you can apportion the interest. Why wait, why not rent it out now and rent a cheaper place close to work. Nothing like paying a landlord to keep you motivated in saving...