Hi mick
what do u think would b the max discount on a 2.25mill loan with anz
what do u think would b the max discount on a 720k loan with cba
I presuming your an existing customer of both banks with those amount.
2.25m ANZ - around 4.38%- 4.40% because your an existing customer.
720k with CBA - around 4.40% due to loan size.
if your creative and your loans are free standing...you can do a "switch" on your loans + take out equity while your at it...ie place 1 of your ANZ loan over to CBA and than later switch your old CBA loan over to ANZ ...that's one way to consider you as a new customer due to the sizable "lend"
You will find you be able to get
4.30- 4.33% and possibly under with ANZ and CBA.
+ they will pay for your switch cost via a cash back as well.
But really if your already close to these rate..there's no point changing for anything less than 0.20% basis point...
Cheers