Property Investment News, Tips, Tools, Strategies, Experiences, Case Studies, Outlooks
Download the home loan offset calculator used in this article (Excel). How does home loan offset work? An offset account is a transaction account that can be linked to your home or investment loan. The credit balance of your transaction account is offset daily against your outstanding loan balance, reducing the interest payable on that loan. With a …
Continue reading “Top 10 home loan offset calculators reviewed – are they correct?”
The latest Association of Superannuation Funds of Australia research shows that, in general, a couple looking to achieve a comfortable retirement needs to spend $57,195 a year, while those seeking a ‘modest’ retirement lifestyle need to spend $33,120 a year which means that the average couple need a lump sum of about $660,000 to survive …
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The most common misconception about negative gearing is that it allows you to reclaim the entire shortfall between rental income and expenses from your tax bill. The reality is that only a proportion of the above-mentioned losses can be claimed, in line with your marginal tax rate. So if you pay tax at 30 per cent, you can claim …
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Don’t be afraid to refinance your home loan! Savvy home loan owners happy to refinance. The HSBC Bank Australia’s latest survey showed that home loan borrowers are confident when looking at refinancing options and will happily shop around for better rates. The survey polled over 30,000 Sydney and Melbourne respondents showing that 80 percent of …
I think one of the most fundamental decisions any property investor has to make is whether to invest in property or term deposit, i.e. “how much more will I make with my money by taking the risk and buying a property and is it worth it or should I leave the money in a term …
Although it was a simpler process to refinance a mortgage than applying for a new loan, many homeowners are not sure about the potential savings from refinancing mortgages. Indeed, whether you can save money depends on the new interest rate, new loan term, new repayment, when to refinance, and the consideration of resale. Majority of …
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Well, yes and no. In the sense of yes, you can include your existing properties into the calculator. You can input all the rental related information, income information, expenses, and tax information etc on a yearly basis. However, the Ultimate property investment calculator is an investment property analysis program not an accountancy program so you should …
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Yes if you purchase the standard, professional, or ultimate version. Not only one year, two years, or three years free update, you get lifetime free update. Whenever there are updates on income tax scales, capital gain tax, stamp duty, land tax, and medicare levy, etc, update will be made to the the standard, professional, or …
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According to Macquarie Group interest rate strategist Rory Robertson, you should at least put 2 percentage points buffer on your home loan interest when you buy your dream home. ”Indeed, another 2 percentage points worth of higher mortgage rates over the next couple of years wouldn’t surprise,” he said. The Reserve Bank today released the …
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Investment Property Calculator has released a new free property investment tool – Property Rental Yield Calculator Excel spreadsheet. This property rental yield calculator will calculate rental yield for you and allow you to compare rental yields across properties. In addition, a rental yield table based on different weekly rental incomes and property prices is included for …
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Investment Property Calculator has released an Excel spreadsheet – Free Loan to Value Ratio (LVR) Calculator. The loan-to-value (LTV) ratio expresses the home loan amount of your mortgage as a percentage of the purchase price or the appraised value of your property. The LVR calculator can show how much you can possibly borrow from the banks …
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A comparision of home loan search trend and investment property search trend on Google Insights shows that since 2004 the number of home loan related searches increased from year to year and it peaked in late 2008 and early 2009 when the government boosted the first home buyer grants. Since the grant was reduced home …
Continue reading “Property investors will drive home loan growth in 2010”