Hi all, so after meeting the mortgage broker to look at our finance for buying an I.p,
Our current ppor is a basic variable loan with a full redraw facility no fees, and nearly paid off.
So we want to purchase our next property to move into with an intention of only being there for 2-4years.
Have not made much at all prob cut even after a sale on our ppor,
Questions are.
If we were to sell ppor or keep it what should we do with a loan structures?
I've been given to much different advice, split loans, combined loans etc.
Please help.
Thankyou
Our current ppor is a basic variable loan with a full redraw facility no fees, and nearly paid off.
So we want to purchase our next property to move into with an intention of only being there for 2-4years.
Have not made much at all prob cut even after a sale on our ppor,
Questions are.
If we were to sell ppor or keep it what should we do with a loan structures?
I've been given to much different advice, split loans, combined loans etc.
Please help.
Thankyou