I usualy love crunching numbers concerning my investments, because it gives me confidence that I'm on the right track.

However, I'm now feeling a little sick and worried ??? Should've fixed my loans at 6.5% when I had the chance.

What has made me pour another strong drink is my latest number crunching. Every time that interest rates increase by .5 %, will cost me an extra 50% in holding costs ?? How's that ??

My total interest payment at 6% ( 6% is when I run negative again ) will be $69480 + $23800 for council rates, Body C, manager etc.

Total costs at 6% is $93280, minus rents = neg $2,280

Now total costs at 6.5% including outgoings will be 99070, minus rents = neg $8,070. That's a 250% increase in costs.

At 7% my holding costs will be $13,860

At 8% my holding costs will be $ 25,440. That's an increase of 10 times compaired to 6% interest.

Has anyone else done their numbers on exacly what a rate rise of 2 or 3% will cost you ???

However, I'm now feeling a little sick and worried ??? Should've fixed my loans at 6.5% when I had the chance.

What has made me pour another strong drink is my latest number crunching. Every time that interest rates increase by .5 %, will cost me an extra 50% in holding costs ?? How's that ??

My total interest payment at 6% ( 6% is when I run negative again ) will be $69480 + $23800 for council rates, Body C, manager etc.

Total costs at 6% is $93280, minus rents = neg $2,280

Now total costs at 6.5% including outgoings will be 99070, minus rents = neg $8,070. That's a 250% increase in costs.

At 7% my holding costs will be $13,860

At 8% my holding costs will be $ 25,440. That's an increase of 10 times compaired to 6% interest.

Has anyone else done their numbers on exacly what a rate rise of 2 or 3% will cost you ???

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