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Rolf
Reply: 1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1
From: Mike .
Re: 95% LVR with Interest Only Repayments - Crystal & Rolf
From: Rolf
Date: 08 Feb 2001
Time: 12:34:55
Hi Gerard
Yes rates go up and down like a yo yo if you take a long term view.
If you can afford the risk it is my understanding that on average variable rates provide a better deal over the long term. I see fixed rates like an insurance premium rather than a speculative issue. If you can afford your mortgage if rates go to x % then there is little risk for you. If on the other hand you need to know exactly where you are going and 2.0 % is the difference between being forced to sell or being able to hold, I would go the fixed rate premium everytime
You've got a good deal there, diff to better.
I have some enquiry on AMP at 6.89 90 LVR i/o for IP and ANZ 7.00 at 95 % LVR i/o for IP
Both with partial application rebates.
Regards, Rolf
Reply: 1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1
From: Mike .
Re: 95% LVR with Interest Only Repayments - Crystal & Rolf
From: Rolf
Date: 08 Feb 2001
Time: 12:34:55
Hi Gerard
Yes rates go up and down like a yo yo if you take a long term view.
If you can afford the risk it is my understanding that on average variable rates provide a better deal over the long term. I see fixed rates like an insurance premium rather than a speculative issue. If you can afford your mortgage if rates go to x % then there is little risk for you. If on the other hand you need to know exactly where you are going and 2.0 % is the difference between being forced to sell or being able to hold, I would go the fixed rate premium everytime
You've got a good deal there, diff to better.
I have some enquiry on AMP at 6.89 90 LVR i/o for IP and ANZ 7.00 at 95 % LVR i/o for IP
Both with partial application rebates.
Regards, Rolf
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