|
|
|
|
3.24%
|
3.24%
|
$0
|
$0 p.a.
|
80%
|
|
Get a discounted, low-fee investor loan from a convenient online lender. 20% deposit required.
|
|
|
|
|
|
|
|
3.24%
|
3.20%
|
$0
|
$0 p.a.
|
80%
|
|
Athena offers one of the lowest rates in the market for investors. No ongoing fees and no application fee. Principal and interest repayments.
|
|
|
|
|
|
|
|
3.15%
|
3.17%
|
$0
|
$0 p.a.
|
80%
|
|
This investment loan keeps fees low, has a sharp interest rate and comes with a 100% offset account. This loan is not available for construction.
|
|
|
|
|
|
|
|
3.44%
|
3.60%
|
$300
|
$10 monthly ($120 p.a.)
|
80%
|
|
A flexible variable loan for investors. No application fee.
|
|
|
|
|
|
|
|
3.19%
|
3.21%
|
$0
|
$0 p.a.
|
80%
|
|
A competitive variable investor rate for borrowers with 20% deposits. Low fees, redraw facilities and repayment flexibility.
|
|
|
|
|
|
|
|
3.19%
|
3.34%
|
$0
|
$0 p.a.
|
70%
|
|
A principal and interest loan for property investors with a 30% deposit.
|
|
|
|
|
|
|
|
3.29%
|
3.32%
|
$0
|
$0 p.a.
|
80%
|
|
Investors with 20% deposits can get this flexible variable mortgage with low fees and a reasonable rate.
|
|
|
|
|
|
|
|
2.89%
|
3.84%
|
$395
|
$0 p.a.
|
80%
|
|
Investors can enjoy flexible repayments and an easy application process with this pioneering online lender.
|
|
|
|
|
|
|
|
3.19%
|
3.37%
|
$0
|
$0 p.a.
|
70%
|
|
This fixed investor loan keeps it simple and boasts a low rate. Requires a 30% deposit.
|
|
|
|
|
|
|
|
3.07%
|
3.10%
|
$250
|
$0 p.a.
|
80%
|
|
If you're an investor with a 20% deposit saved you can get this low rate mortgage.
|
|
|
|
|
|
|
|
3.59%
|
3.79%
|
$599
|
$10 monthly ($120 p.a.)
|
80%
|
|
This is a competitive, flexible variable rate suitable for borrowers with a good credit history. Borrow up to 80%.
|
|
|
|
|
|
|
|
3.40%
|
3.26%
|
$0
|
$0 p.a.
|
80%
|
|
A competitive rate with no application or ongoing fee. This loan is not available for construction.
|
|
|
|
|
|
|
|
3.49%
|
3.82%
|
$0
|
$299 p.a.
|
80%
|
|
Investors can enjoy a 100% offset account, a redraw facility and flexible repayments.
|
|
|
|
|
|
|
|
3.40%
|
3.41%
|
$0
|
$0 p.a.
|
80%
|
|
Investors can easily access their equity using BPAY, a debit Master Card or cheque book with this interest-only line of credit. This loan is not available for construction.
|
|
|
|
|
|
|
|
2.84%
|
3.59%
|
$395
|
$0 p.a.
|
80%
|
|
Pay no ongoing fees on this investment loan fixed for 3 years.
|
|
|
|
|
|
|
|
3.45%
|
3.47%
|
$0
|
$0 p.a.
|
90%
|
|
Access a fee-free offset account and a special interest rate for investors. This loan is not available for construction.
|
|
|
|
|
|
|
|
3.69%
|
3.88%
|
$599
|
$10 monthly ($120 p.a.)
|
55%
|
|
A competitive rate home loan with an offset facility for self-employed borrowers.
|
|
|
|
|
|
|
|
4.84%
|
4.99%
|
$0
|
$395 p.a.
|
80%
|
|
Pay no application fee with 100% offset account with redraw facility and borrow up to 95% LVR.
|
|
|
|
Brad owns a home worth $500,000 and owes $200,000 left on it. This means he has $300,000 in equity and a Loan to Value Ratio (LVR) of 40%. After doing some research and speaking with his mortgage broker, Brad decides to buy an investment property. He refinances his existing mortgage with a new lender to get access the $200,000 of equity, which brings his LVR up to 80%.
I was wondering if you can transfer your equity from an investment property to your place of residence. E.g. I have a home valued at $265,000 and owe $130,000 then i have an investment rental property valued at $250,000 and a loan of $160,000
can i refinance the rental so that i owe $200,000 and put the $40,000 onto my home loan so i only owe $90,000 on my house maximising the tax deductibility of my rental whilst minimising my current house loan?
Hi Tyronne,
Thanks for your question.
Accessing your equity to put the funds into your main residence is definitely possible. If you find that none of these loans are suitable for your situation, there is always the option of speaking to a home loan broker. They’ll be able to help you further should need further help in narrowing down a suitable home loan option.
Regarding tax deductibility, you will need to confirm this aspect with your trusted accountant.
Cheers,
Shirley