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    Principal And Interest Or Interest Only?

    Thanks Jess Peletier I understand where your coming from. I will change my loan to an I/O with an offset account.
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    Principal And Interest Or Interest Only?

    I just spoke to my broker and she told me that because this is my first investment that I should pay off most of the loan so I can build equity inorder to invest more. Is this option a good one to start of an investment portfolio or should I still convert it to an I/O loan? I have a...
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    Principal And Interest Or Interest Only?

    Thanks everyone I have a clear picture now :)
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    Principal And Interest Or Interest Only?

    Thanks Peter_Tersteeg Another question is it advisable to set up the I/O loan with an offset or not? I don't have any intensions of buying my PPOR anytime soon. I have an understanding that if I have an offset account linked to the I/O account it will effectively reduce the interest so...
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    Principal And Interest Or Interest Only?

    Hi I am new to SS and a new investor. I currently have a property in vic which will be rented out in September due to FHOG obligations in vic. ATM my loan with CBA is principle and interest, I have read all the post in this forum and though of switching to I/O loan to build up a property...
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