Hi All,
I am negotiating a loan with CBA. I have heard rumours of people negotiating 3.28% from the CBA for a 80% LVR on a loan of $1 million. Has anyone negotiated a rate close to this? I'd love to talk to you to find out the process to get such a good rate!
Need offset for tax reasons.
@radradronotank
Curious, can you Elaborate on tax reasons?
Probably as as the OP is using their loan for investments. As such there is complications for calculating taxable interest using the redraw. It’s better to have an offset account.
Broker here.
I'm writing ING at 3.19% and Macquarie at 3.24 (70% LVR).
On both options I can have all switching fees covered.
Use that as the basis of your negotiation.
What can you do for the ANZ 300k Qantas points offer?
I'm writing ANZ around ~3.35% depending on a number of factors. Points on top of this.
We can also get switching fees covered.
Currently with Suncorp.
$400k loan
25% LVR
need an offset acc
what should I be able to knock them down to?
I can't really comment on Suncorp as I dont write them often.
On the above scenario I would put forward both ING and Macquarie above, and thats what I would be pushing suncorp to do.
thx
Looking to refinance. What’s the best I could aim to get for 90% variable P&I?
ING at 3.28%, or a few others around ~3.30%
be aware you'll probably have to pay LMI again, so generally not worth refinancing above 80% LVR
3.48% CBA $255k PPOR loan. <70% LVR Annual fee $395. Offset.
I found that CBA was able to offer me features I needed such as having a split that was <40k.
Thanks all. I've sent sweefu a PM. I wasn't aware of the ANZ + points offer :)!!!
Westpac 3.33%, 500k, >80% LVR. No fees. No offset, and a fee for redraw if wanted ($10/redraw).