All Topics / Finance / Consolidating renovation loan on home loan

Viewing 2 posts - 21 through 22 (of 22 total)
1 2
  • Profile photo of amazingjefferyamazingjeffery
    Participant
    @amazingjeffery
    Join Date: 2010
    Post Count: 68
    July 16, 2012 - 6:59 am

    Ok, but you would only make Interest payments on 340k until you draw upon the 60k LOC is that correct?

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    July 16, 2012 - 7:01 am

    Yes no charge on something you havent yet had.

    Cheers

    Yours in Finance

    Richard Taylor | Australia's leading private lender

Viewing 2 posts - 21 through 22 (of 22 total)
1 2

You must be logged in to reply to this topic. If you don't have an account, you can register here.