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.
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Are you a first-time homebuyer and need some assistance getting into the property market? Don’t worry. There is help available with the First Home Loan...
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The government has recently announced a new initiative that is projected to cost $680 million under the government housing package in a bid to boost...
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When embarking on your property investment journey, there are many factors to consider even before you have begun to think about the property itself. While...
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Any calculations or estimated savings do not constitute an offer of credit or a credit quote and are only an estimate of what you may be able to achieve based on the accuracy of the information provided. It doesn’t take into account any product features or any applicable fees.
*2.89% Interest rate based on an Owners Occupied, Principal and Interest, 3 years fixed period, minimum loan size of $250,000, maximum LVR of 80%, over a 30 year term. Eligibility subject to servicing requirements, contact one of our specialised mortgage brokers for more information.
^3.77% Comparison rate based on a loan of $250,000 over a 30 year term. WARNING: The comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.