Interest on Interest and Capitalising Interest - the Facts

[LynnH]

ArJay

Short answer - yes. They also assume that the LOC/s is/are fully drawn, regardless of the balance/s.

Cheers
LynnH

 

[ArJay]

Thanks for clearing that up Lynn...much appreciated.

R

 

[7DD4]

Just drew up this structure for a friend anything I missed ??

 

[Sheryn]

Diagram too complicated for me to understand and I have a 1 x LOC, 2 x mortgages and 2 x margin accounts. (Maybe low carbohydrate wine has impaired my intelligence tonight).

Kind Regards
Sheryn


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