Jump to content
SAU Community

Recommended Posts

With higher risk and likely worse rates.

No one (virtually) is going to lend at 95% without LMI which at $400k will slug you an extra $8-10k

As an investment property that you may want to sell at any time depending on the market it is unwise to gear it so highly. For an owner/occupier it's more logical as you intend to live there for a while.

Higher LVI mean higher interest repayment which as an investment property means larger negative gearing.

For high income earners better to negative gear for that tax refund.

The housing market is where Al and I swap. Here he's all "spend spend spend, don't worry about the future" and I'm 100% conservative.

Lol

couldn't be further from the truth - I do it for a living (& well shameless free plug). However if you ever spoke to me about it my opinions would surprise you

I'm about the most financially conservative person you'll find hence why I'll pay my house off in 5 years max Id say & until I own mine 100% I won't be buying anything else for speculative purposes chances are I won't invest in property at all but maybe I know to much.

Is there many fees involved in moving?

Just a couple of hundred

And normally the other bank will rebate it for you

If anyone wants to move to NAB, i have a contact person that originally gave me the 4.45% rate

Everything of mine is with cba, credit cards 2 savings accounts, home insurance, loan protection etc etc so if these mother f**kers don't wanna play ball I'll cancel everything

same here; look into

https://www.commbank.com.au/personal/home-loans/wealth-package.html

https://www.commbank.com.au/content/dam/commbank/personal/home-loans/fact-sheets/Wealth_Package.pdf

edit: there you go, package it all up;

10% off home insurance, 5% off loan insurance, 0.6% off interest rate, No CC fee & request Diamond for that $$ status.

Guest
This topic is now closed to further replies.



  • Similar Content

  • Latest Posts

    • 3 Kids are starting to hit that ages. I wanted to get them something special to learn on, put down the screens and have some fun. 4Door 2001 R34DE Black Pearl GV1 Jap Import, AU 2nd owner. Pre Work done. Suspension - Wheels Pedders SportsRyder Coilovers   Wheels TSG Spokey Boi 18'x9.5"+15 Body JASI Aero 4 door Type R Full Kit LED Conversion - Parker, Blinkers, & Reverse Exhaust Hurricane Headers 100 CPI high flow cat 2.5" Piping Cannon muffler Internal Bride low max stradia ii - front seats  Bride RO seat base and Rails (R/H) Cube short shifter LED Conversion - Interior   
    • Why are you so adamant on going M12? Why not follow Brad (GTSBoy) suggestion. You're talking moving from a 1/8" size, to a 1/2" effectively. 4 times bigger. Why skip the commonly available sizes in between? The bigger you go, the more likely you are to strip the threads out at a later date, as guaranteed, someone will put a huge spanner on the M12 and really tighten it up, and you're only in thin wall, so not a lot of threads to engage!
    • Hi. Yeah thanks. Car is already at tuners and it staying there to resolve "many" issues they do not like. So it is in a good hands. Getting a good tune on that Nistune ECU too so the car would be good. Just needs a little tune up and love.
    • Probably gonna remove manifold and turbo. I’m not sure if I can get M12 x 1.5 air tight. Could use high temp Loctite 246 or something similar, but I don’t know. Maybe it’s just best to remove everything again and weld an 1/8NPT on there instead.
    • Yeah, saw the ratios, not impressed. Would like the punch I have in the first gears now. With those ratios it won't be the same.  Also want the h pattern gearing, or at least a quiet gear set that don't need to come apart for service each year. Looks like the only "reasonable" way Is a 8hp70 transmission, but where is the fun in that🤷‍♂️
×
×
  • Create New...