Angus T. South Perth, WA 3 Likes 0 Followers Investment loan has been fixed for 3 years and about to mature - $750,000 loan with CBA. We would like to keep the loan interest only and they have now offered 4.75% variable. That seems extraordinary high… what is the market rate? 6 years ago
Megan C. Beenleigh, QLD 2 Likes 0 Followers Hi,I have just moved from being an employee to a contractor – same role with greater flexibility. My question is what percentage of my income should I put aside for tax and is there anything else I need to consider, thanks? 6 years ago
Nathan W. Leonay, NSW 2 Likes 0 Followers Hi, we own our home outright (value $750,000) and want to create an investment portfolio with shares or a deposit on a property or both. It is possible to get a loan in place against the home without knowing which options we would choose, maybe borrow $250-300,000? 6 years ago
Susie T. Beaumont Hills, NSW 5 Likes 0 Followers HelloI am a first home buyer and would like to get some advice to buy a home. I have been in the same job for 4 years and earn $90,000 a year plus super. No loans and pay off credit card each month. I have inherited $120,000 and would like to know what price range I could look at, stamp duty costs and what do I have to buy to get the first home buyers grant. What rates and repayments are possible? Thank you 6 years ago
Will R. Rockhampton, QLD 2 Likes 0 Followers I contract full time to a company and have sub-contractors working for me. Hard to find the information I need to make sure I pay them properly. Do I pay their tax for them? Some sub guys want cash. I had a local accountant but it didn’t work out – do they need to be local? 6 years ago
Jason M. Kogarah Bay, NSW 7 Likes 0 Followers We are looking at a new loan for renovating and know if it’s possible to fix the rate while the renovations are being done. If not, would a lender agree on locking in a 2 or 3 year fixed rate now so when the renovations are complete our loan is fixed at todays rates - the renovation will finish around March next year 6 years ago
Jade S. Miranda, NSW 1 Likes 0 Followers Hi, I am currently transitioning jobs and I have been asked if I would prefer PAYG or to be paid as a Sole Trader. Can you please tell me if I am financially better to PAYG or be a Sole trader?Rate per day I will be earning is $550 including super.Any advise would be greatly appreciated! 6 years ago
Cameron G. Glebe, TAS 1 Likes 0 Followers Looking for a secured no doc loan with property as collateral. Capple1@live.com.au 6 years ago
claire W. Artarmon, NSW 1 Likes 0 Followers I would please like to know the best type of home loan for a couple, where one partner has children from a previous marriage, especially if the partner without the children is putting in the deposit. Is it best to set up "Tenants in Common" or "Joint Tenancy".Question 2. Could you also give me the advantages of "Tennants in Common" and the disadvantages of "Joint tenancy" (and if there are any advantages in Joint tenancy?) Many thanks 6 years ago
Tim Z. Belfield, NSW 1 Likes 0 Followers I am looking for a personal loan to travel and want to know the difference between a banks personal loan and Society One. Friends put me onto them and the website says marketplace lending – what does that mean and which option is better? 6 years ago
AnneMarie K. Burnside Heights, VIC 4 Likes 0 Followers I have a automotive question. I live in Victoria and one machanic said to me that my car oil needs to be flushed and put new oil in. I have a 2010 Mazda CX-7. How much would that cost? 6 years ago
Marnie E. Carlton, VIC 1 Likes 0 Followers Is it possible to use a deposit bond as the deposit to buy a property off the plan. Property will be completed late 2019? 6 years ago
Antony m. Osborne Park, WA 2 Likes 0 Followers I have a small business that has been going for a year and I need to access some capital to take advantage of two new contracts. No luck with the banks so I am wondering if it is possible to use some of my superannuation to invest into the business. We only need about $50,000, are there any limitations and do I need to set up a SMSF to do it? 6 years ago
Melanie C. Castle Hill, NSW 3 Likes 0 Followers Hi, I have a young family and want to go back to work and thinking of starting my own mortgage broker business. Previously I had 8 years in lending with one of the major banks and wondering if I should just go out of my own or join a franchise type model. I’d really like to get the thoughts of others in the industry and to also ask what else I should be considering, thank you 6 years ago
simplyaskit Business Advisor North Sydney, NSW 216 Likes 401 Followers The most important questionRU OK?It's equally important to listen to the answer, keep well 6 years ago
Graham Doessel - CEO - MyCRA (Specialist Credit Repair) Lawyers (LPH)Business Advisor Brisbane, QLD 52 Likes 48 Followers I was just reading an article from a broker about rates dropping and thought:What's the lowest Low Doc rate these days? 6 years ago
Silvana L. East Cannington, WA 0 Likes 0 Followers Hi I’m thinking of selling my home which I used to secure a loan for a investment property the bank told me I need to repay 80% of market value of investment property My loan is fixed interest only do i have to pay extra fees and charges ? Thanks 6 years ago
Mark W. Winston Hills, NSW 1 Likes 0 Followers I have been running a home maintenance business for 6 years and want to know how much deposit I would need to buy my first home if it was a lo doc loan? 6 years ago
Eddie Z. Camden, NSW 1 Likes 0 Followers If we build a granny flat out the back of our home (primary residence) could we claim the rent on our tax or would we have to apply for a sub division and have the flat on a separate title? 6 years ago
simplyaskit Business Advisor North Sydney, NSW 216 Likes 401 Followers Home Loan News - rate increasesANZ and Commonwealth Bank have announced an increase to their variable home loan rates.ANZ will increase their variable rates by 0.16% effective from 27 September 2018Commonwealth Bank will increase their variable rate by 0.15% effective from 4 October 2018A shout out to all home loan borrowers - check the interest rate on your home loan, understand how competitive it is and either call your lender to ask for a better rate or simply ask a question on simplyaskit to connect with a trusted mortgage or finance broker 6 years ago
