Hi,
We have an investment property and PPOR property with NAB and another investment property with another bank.
We used the equity in the NAB investment property as a deposit for our PPOR, so we have borrowed 100%. We have a $120000 deposit in the NAB investment property.
Our question is...Would it be better for us to transfer that $120000 to the PPOR mortgage??
Thanks for any advice
We have an investment property and PPOR property with NAB and another investment property with another bank.
We used the equity in the NAB investment property as a deposit for our PPOR, so we have borrowed 100%. We have a $120000 deposit in the NAB investment property.
Our question is...Would it be better for us to transfer that $120000 to the PPOR mortgage??
Thanks for any advice