PropertyInvesting.com | mickyhon | Activity https://www.propertyinvesting.com/members/mickyhon/activity/ Activity feed for mickyhon. Fri, 17 Apr 2026 12:15:33 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 0855d733d25711e7fb9837a5dd26b7d5 mickyhon replied to the topic Finance, Stamp Duty & First Home Queries in the forum Finance https://www.propertyinvesting.com/topic/4410613-finance-stamp-duty-first-home-queries/#post-4698867 Tue, 28 Jan 2014 20:27:10 +0000 Hi Alphrz.

The only thing i noticed is that the LMI looks to be a little low…

Check out the table on this page: http://www.homeloanexperts.com.au/lenders-mortgage-insurance/lmi-premium-rates/

and that will show you a much higher LMI based on your numbers, id just be careful with that… there are different companies that provide LMI so the…[Read more]

]]> b540e5ae6b3fbde16bf11be61e27407e mickyhon replied to the topic Mortgage Lender / Broker in the forum Finance https://www.propertyinvesting.com/topic/4410596-mortgage-lender-broker/#post-4698750 Sun, 26 Jan 2014 05:37:02 +0000 I know somebody that was in the same situation as yourself.

He actively approached mortgage brokers and explained that they want to pursue a career in broking… His response was quite good, it all depends on what you can bring to their business.
For example if you are fairly young you will be able to tap into a very large network of new…[Read more]

]]> d51ddebc1403961806b020b90282a562 mickyhon replied to the topic help needed with first investment! in the forum Help Needed! https://www.propertyinvesting.com/topic/4410592-help-needed-with-first-investment/#post-4698729 Sat, 25 Jan 2014 09:50:13 +0000 Hi Anc111…

This is a calculator that i came across in another forum and i think you will find it very useful

http://www.loansource.com.au

It will let you add your purchase price, deposit and calculate your stamp duty, lmi, grants etc. then will work out how much your loan amount will be and use that figure for calculations.
you also enter your…[Read more]

]]> 7ed2b9ebb3d3925983bcc0f28855cd4b mickyhon replied to the topic help needed with first investment! in the forum Help Needed! https://www.propertyinvesting.com/topic/4410592-help-needed-with-first-investment/#post-4698725 Fri, 24 Jan 2014 14:15:39 +0000 hey anc111.

The replies you are getting are generally spot on.

But just to address your statement "However, the whole interest only suggestion is confusing to me to say the least"

It took me a while to get my head around the Interest Only concept to begin with also.
I kept thinking… 'But, i WANT to pay the loan off eventually!! "

Interest…[Read more]

]]> 338d9a7c98455fa0f20ff190c1d3ccf0 mickyhon replied to the topic LIFE INSURANCE AND INCOME PROTECTION !! in the forum Help Needed! https://www.propertyinvesting.com/topic/4409095-life-insurance-and-income-protection/page/2/#post-4689229 Fri, 24 Jan 2014 13:51:46 +0000 I over-insured my life for $1.5m.
If something bad happens you would want things to be as easy as possible for your family would you not?!

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