OK, trying to make a decision, as I want to consolidate my loans.
MACQ have 3 of my loans at present. They will offer me 4.15% across the board to move my other 2 loans to them. Cost of change = $1144.
CBA have one of my other loans. They will offer me 4.15% across the board to move my other 4 loans to them. Cost of change = $2438 but they will pay $1500 of this.
UBank have 4.09% as an offer at the moment. Don't know cost of change.
I am swinging towards going with MACQ as they passed on the full 0.25% of the recent RBA cut, whereas CBA only passed on 0.2%. I would hope this would bode well for the future. The total borrowing will be around $1.5 million, all under 80% LVR.
What's anyone else's 2 cents on the above?
JB
MACQ have 3 of my loans at present. They will offer me 4.15% across the board to move my other 2 loans to them. Cost of change = $1144.
CBA have one of my other loans. They will offer me 4.15% across the board to move my other 4 loans to them. Cost of change = $2438 but they will pay $1500 of this.
UBank have 4.09% as an offer at the moment. Don't know cost of change.
I am swinging towards going with MACQ as they passed on the full 0.25% of the recent RBA cut, whereas CBA only passed on 0.2%. I would hope this would bode well for the future. The total borrowing will be around $1.5 million, all under 80% LVR.
What's anyone else's 2 cents on the above?
JB