http://www.myrate.com.au/
How about 4.99%
Im sure that will cover you for while.
At say 7% the 329k mortgage is $479 week
Interest only.
In 2 years time...
IF rates are at this 7% mark and assuming rents have gone up 5% per year...
So rent would now be $441 week
So your up for $38 week.
Not too bad is it?
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- this chart says it all
this chart says it all, page-10
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