Hmmmm, errrrrr might have slipped up on that one Terry it's all in the one account. Surely I was better off lumping savings all in there to offset at 4.62% rather than having it a savings account earning 2 to 4% and paying tax?
Or do you mean I should have put the extra borrowing in a different LOC?
Why is it an issue?
Wish I joined SS 3 years ago!
TW can help you sort the tax issues, and likley organise the refinance to a lender where the loan should probably be.
Nab is probably not where you should be with a PPOR loan if you are looking to build a stoking IP portfolio.
NBA i s a high serviceability lender that should be used when you need them, not early in the piece when a lower serviceability lender is a better fit.
Lots to learn.
Its simple, but not obvious