Most features are the same between an investment loan and a home loan. Some lenders applies a different interest rates on investment loans, usually higher if there is more risk associated with it. A key difference between investment loan and a home loan is that interest on investment loan is 100% tax deductible which can be used to offset your rental income.
What’s the difference between an investment loan and a home loan?
For many Australians, owning a property of their own is one of the most life-changing events on a bucket list, but when exactly is the...Read more