Mortgage structures, APRA serviceability buffers, interest-only strategies, and home equity extraction.
Key Takeaways Interest-only (IO) terms lower mandatory monthly outgoings by 25% to 35%, preserving cash flow for portfolio expansion or debt reduction on non-deductible home loans. Lenders typically apply a…
Key Takeaways APRA mandates an assessment buffer of at least 3.0 percentage points above the current mortgage interest rate when evaluating loan applications. If your contract variable rate is 6.20%,…
Key Takeaways Usable equity is not total equity; banks limit borrowing to 80% of your property’s current valuation minus your existing mortgage balance to avoid LMI. Releasing equity via a…
Key Takeaways Offset accounts are separate deposit accounts that reduce loan interest daily dollar-for-dollar without altering the actual loan balance. Redraw facilities represent advance principal repayments that reduce the debt…
