Home Loans & Personal Finance

Andrew B.

Balgowlah, NSW

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Is it possible to guarantee one of kids home loan without having to be on the loan or the property?

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7 years ago

Kym G.

Thornleigh, NSW

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1 Followers

We live in North Western Sydney but both work at Mascot and thinking of renting our place and living in an apartment closer to work for 12 months for a change in lifestyle. When we discussed this with some friends they suggested we should change our home loan to interest only to maximise negative gearing. Is this good advice as when we called the bank they said our interest rate would increase by 0.20%?

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7 years ago

Sandrine D.

Murrurundi, NSW

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I got approved for a small Loan today, but I need a guarantor, I'm on a pension and have low credit score .
And a new Bank account , where can I find help to get a loan or a guarantor?

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7 years ago

Patricia E.

South Grafton, NSW

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We invested a small sum of our Super ($30,000) in units in a property investment company, which did well until a change in management. Last year apparently our units were sold on to a new company, which forwarded a statement showing our holdings now to be zero. Our emails show no notification of any transfer plan, and no option to opt-out and withdraw remaining funds. Also there is no final payment made to our bank account, as claimed. Can we do anything about this, and if so who do we approach?

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7 years ago

Ansopny L.

Loftus, NSW

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0 Followers

I am about to pay off my unit so will be mortgage free. I will then be buying a house with my partner which will be for approx the same amount as the unit sale price. Is it possible to get a short term home loan so we can buy a house when we see it, then pay off the home loan once the unit sells? Is there any positives or negatives doing this?

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7 years ago

Jade A. R.

Shailer Park, QLD

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Hi, I’m looking to buying a house and I will obviously need to get a mortgage. I’d hope to not spend more than 500,000 on a house. I’d say I’d have a decent savings and should be ok for a deposit by time I’m ready, I work full time (135k pa). My issue is I’ve never borrowed/owed money before and lack a credit score of any sort. How do I go about making sure I’ll be able to get a mortgage easily, while not wanting to have fees for money I don’t really need to borrow?

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7 years ago

Kaz H.

Fernbank Creek, NSW

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0 Followers

I am about to sell a property which will be able to pay off its loan, my current residence loan and one investment property, is it best to keep a mortgage on an investment property to be able to claim the tax or would it be better to have the investment fully paid off and keep the rent as PAYG income?

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7 years ago

Craig B.

Glen Waverley, VIC

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Hi, my wife and I have committed to paying an additional $300.00 a week off our home loan this year. Are we better to pay $300 every Monday or set up a direct debit for the 1st of each month for $1200?

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7 years ago

Nadine H.

Eastlakes, NSW

1 Likes
0 Followers

Out shopping for furniture yesterday and we were asked if we wanted to use zipmoney to pay instead of our credit card. We said we never heard of them and asked who are they and what are the benefits. We ended up paying by credit card but had a look at their website. Has anyone used them?

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7 years ago

Shaun G.

Essendon, VIC

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I feel as though I’d like to move away from the big 4 banks and would like to know what is the best 2 and 3 year fixed rate on investment property?

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7 years ago

Narelle T.

Corlette, NSW

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0 Followers

Hi, we are looking at investing in a property. The opportunity is for us to buy a property (valued at mid $600,000). The owner will finance us, with no deposit, to buy, at $550,000 at interest only for 2/3 years. Then we can refinance with the bank to continue. Our situation is that we will not be considered for bank finance until our credit rating has dissolved. So this is why we are considering this. Who is the best person to talk to for advise on this?

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7 years ago

Ash G.

Penrith, NSW

2 Likes
0 Followers

I’m looking to buy a property in Western Sydney with 40% deposit. The purchase price is $650,000 but it is a company title property include land and house. Are there any finance restrictions for company title properties?

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7 years ago

Jacob G.

Engadine, NSW

15 Likes
3 Followers

Hi, same question as last year. The RBA hasn't made any changes for 12 months or more so do people expect there to be some movement in 2018 and is now a good time to consider fixed rate options?

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7 years ago

Mitch G.

Williamstown, VIC

4 Likes
0 Followers

First home buyers with 2 kids, 4 and 2. No debts, no credit cards and have been paying $620pw in rent. We have just inherited some money and want to see if we can borrow around $700,000. My income is $132k plus super and my wife is looking to go back to work mid-2018. Could we do this?

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7 years ago

Jacinta D.

Mandurah, WA

1 Likes
0 Followers

I have a very small default ($395.00 and paid) after moving around a few rental properties. I have a $30,000 deposit and want to look at a property $520,000. My income is $122,000 pa and I have a 3 year old. Is it possible to borrow 95% and will the default be an issue, thanks?

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7 years ago

Marcus I.

Emu Plains, NSW

3 Likes
0 Followers

We have a loan of $420,000 and want to borrow about $50,000 to pay off credit cards and do some repairs around the house… house worth $800,000. The loan is with Westpac, rate 4.19% and we would like some advice on what the best rates would be if we fixed 50% of the loan for 3 years?

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7 years ago

Matthew H.

Boya, WA

1 Likes
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We just purchased a property in Western Australia on 5 acres. The property has a house and a shed on it.

We're intending on fencing the area around the house (around 1000 square meters) and renting the house and this portion of the land to tenants.

The remainder of the property will not be lived on, but we don't want to allow the tenants access.

How does this affect what we can claim as expenses for tax purposes. ie loan interest on the property?

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7 years ago

Paul H.

Dernancourt, SA

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Hi. Im paul. 38, employed full time as supervisor for 9 months, average weekly income of 1200 aprox, currently bankrupt and require dept consolidation and funds to purchase a car. Ive always been good at earning but never good at financial planning and never seem to be able to pull ahead. Any advice or direction would greatly be appreciated. I have outstanding depts of 15000, no security. Can u please help me to finally use my secure income to fix my bad decisions of the past?

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7 years ago

Leesa A.

Whitton, NSW

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I am thinking of changing jobs. I have 300hrs annual/long service. Will i pay more tax if i take a lump sum or am i better asking for time off with pay and then resign? Thank you

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7 years ago

simplyaskit

Business Advisor

North Sydney, NSW

216 Likes
401 Followers

Breaking News

Australian Prime Minister announces there will be a Royal Commission into the Financial Services Industry

Mr Turnbull says Australia's financial system is admirable but there have been instances of poor practice.

Consumers must be protected, Mr Turnbull says, and the financial services sector must remain stable.

Do you agree with the Government's decision?

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7 years ago