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I have one investment property, and homeloan was 32w three years ago, and pay $2100/month for principle and interest. Now I plan to transfer to NAB, the homelaon manager told me I only need to pay $636 one month for interest only. The interest rate is 6.77% for 1M homeloan(still have other potentail property). I suspect this number, much different from what I got from internet.
Can you please compare this to yours? Is it approxiamtely right or not? Many thanks.
The total payments for all the properties determine if I buy the house which will increase my homeloan to 1m. |
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