Property Investment Loans

This is suitable when you have made a substantial amount of principal with repayments of your standard home loan. The repayments may include the interest and a small amount of the principal amount originally borrowed as the home loan. The interest only loan means the principal stays the same as originally borrowed while you only pay the interest on this amount. You need to pay the original amount you borrowed only when you finally sell the investment property. You generally make some capital gain when you sell the investment property and pay the principal easily The monthly repayments are low as compared to the amount required to be paid if principal is also included. You save with tax deductions on the interest payments, but none on principal repayments. It makes it easier to calculate the actual returns from investing in a property.

Assure Finance Group can help you with Investment loans where you can choose from options – fixed, variable or split interest rates and flexible features like redraws. There are two main types of property investment loans:

This is suitable when you have requirements to draw from a fixed amount at any time to pay for some personal expenses whenever required. This is similar to a credit card with a limit depending on the size of the loan and the payments made. The most important part is that the equity in your home acts as security for the loan. Property / Home owners can use the property as a line of credit and use the equity they have built up in the property. Line of credit / equity in an existing property can be used as a deposit for another investment property.