I'm with rams, looking to fix in 200K of my 245K debt at 5.95% over two years for a investment property.
They offer a .15% discount for interest in advance. I have the coin in an offset account(6.78% variable) and no plans for it in the near future.(I'm overseas backpacking for at least another 9 months)
Is the discount of .15% a good deal? or am I better of leaving it in offset account and paying monthly?
They offer a .15% discount for interest in advance. I have the coin in an offset account(6.78% variable) and no plans for it in the near future.(I'm overseas backpacking for at least another 9 months)
Is the discount of .15% a good deal? or am I better of leaving it in offset account and paying monthly?