As a general rule most property investors have already purchased a home over which they still have a home loan. This loan is on a principal and interest basis and most cif not all financial planners will advise you to pay of your home loan as quickly as possible because the interest you pay on it is not deductible. Quite often, property investors in the market for the first time, when looking for

If you are a first home buyer, who would have thought that some poor judgement or unscrupulous lending or both in the almighty USA would lead to a windfall for you as you plan your first home purchase here in Australia. As a potential first home buyer you stand to benefit significantly from the Federal Government’s recent changes to the First Home Owners Grant. As a result of these changes a

I was sitting watching the TV this week when a ad came on promoting a leading bank’s new credit card offering. It looked very attractive in that it offered a rate of less than 3% p.a. on your existing credit card balance when transferred through debt consolidation. With the global credit crisis upon us, credit card interest has increased significantly with many credit cards now charging 19% + for

This investment loan covers all the bases and is looking better as interest rates drop in Australia For the first time in a long time we have seen the RBA drop interest rates and the investor who has been subsidising the shortfall of interest on his or her investment loan and has been seeing negative returns on residential property for a long time is feeling happier.

Unlike the share market which

Many investors when they are considering the purchase of an investment property fail to ensure that the structure of any investment loan that they enter is correct, particularly for tax purposes. Borrowers simply approach their existing lender and ask for an investment loan. The lender invariably looks to their home loan and taken there is sufficient equity might suggest that the borrower

Many investors when they are considering the purchase of an investment property fail to ensure that the structure of any investment loan that they enter is correct, particularly for tax purposes. Borrowers simply approach their existing lender and ask for an investment loan. The lender invariably looks to their home loan and taken there is sufficient equity might suggest that the borrower

Dealer finance

If you require new car finance when buying your vehicle from a dealer, you may consider dealer finance to be a convenient and simple solution to the problem. Just be aware that this convenience can cost you.

Dealer finance generally has a higher interest rate that the more competitive products financial institutions offer for new car finance. It can also come with extra terms and

When you are in the market to purchase a new car or boat, you are generally pretty excited about the prospect, and often to speed up the process will take up the auto loan or boat loan offered by the dealer with whom you are negotiating. As a general rule this will not be the best available auto loan or boat loan and you will invariably save yourself a lot of money if you take a little extra time

I was recently looking to buy a new car (with a tow bar) so that it could tow either the new boat or caravan I was also hoping to purchase. I did not have enough cash to buy outright so checked out the availability of an auto loan as well as a boat loan and caravan finance.

Initially I had expected that an auto loan from the car dealership and the boat and caravan retailers would be the most

As discussed in Part I there are many astute property and share investors in Australia who often fail to ensure that the investment loan they take offers the best available features and most tax efficient investment loan structure for them.

When considering an investment loan you should ensure that you maximise your investment loan and that the interest rate is competitive (but not necessarily