It's been answered before but just want to check in the current environment:
I want to buy a PPOR with an interest-only loan.
My servicability etc is excellent, I'm a high income earner.
Will the banks do this? I'm with ANZ but can change if necessary.
Also roughly what would LMI be on a lend of $500k - around the $12k mark?
many thanks
Roosterman
I want to buy a PPOR with an interest-only loan.
My servicability etc is excellent, I'm a high income earner.
Will the banks do this? I'm with ANZ but can change if necessary.
Also roughly what would LMI be on a lend of $500k - around the $12k mark?
many thanks
Roosterman