My sister is putting me onto the broker who helped her sort out her loan - she reckons he was pretty good and unbaised - he just asked if this was important (e.g. redraw) and if that was important (e.g. fixed or floating interest rate) etc. and then showed her the loans that suited her requirements and situation. So I reckon I'll get this guy to come over and sort out our situation.
Might have to wait though until the new financial year though, because currently, my last two tax returns aren't that great because I'd just moved back to Australia with my dependent husband and then did a bit of freelance work to have some income coming in while we set up our business and my husband didn't really start proper work until late last year when he finished his course. It was tough going at first, that's for sure, but we're in pretty good shape now
My 06/07 tax return will be sooo much better!
I like the idea of splitting the one with one part at fixed interest and the other at variable. Some kind of offset account would be good too to get the interest repayments a bit lower.
We could borrow up to about $800K to a million by those website calculations
AS IF!!! That's hilarious... and somewhat disturbing. I only need about $250~$280K and we'll have a 10% deposit, at least. Plus the first home owners grants which comes to about $12K here in Vic which will cover the stamp duty and maybe some of the conveyencing fees, butI think but i need to double check that because it might be changing in the new financial year???
We are currently paying about $14K in rent per annum. Coming up with another $10K to bring it up to the minimum repyaments won't be difficult.
I love the area I currently live in, but I don't love the house (it has been half renovated so the kitchen and bathroom are fine, but the floors and carpets are a total mess and detract from the house as a whole so it always looks dirty
). The house up the street was auctioned last weekend and went for $680K. It was renovated and had an extension, but I still considered a bit too small for my purposes... and no backyard. So it looks like a move to the 'burbs is on the cards.
Did anyone have to pay upfront fees or is that something you can get the banks to waive?
Just keep moving! And don't be lazy...
SW: 74.3kg - 1/1/09
CW: 71.1kg - 3/5/09