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Best Loan

Executive Compilation By John Noble

Best Investment Loan Structure For Those Investors Who Also Have Personal Debt
Executive Summary By Michelle Kour

Most investors in Australia have a home loan. In the past most investment loans were standard long term facilities with an initial interest only period of say 5 -10 years after which they converted to principal and interest. Most properties are negatively geared with investors using their personal income to subsidise the shortfall between interest on their investment loan as well as other costs associated with the property and their investment income.

If you are one of those investors with both a home loan and a negatively geared investment property then there is a much more tax effective way to structure your investment loan. Until recently there has been considerable confusion amongst property investor tax payers about the deductibility of capitalised interest on an investment loan. The first was a favourable Private Ruling issued to a taxpayer who had a home loan and an investment line of credit with one lender and an investment loan with another lender. In the Draft Determination the Commissioner accepts that the principles governing the deductibility of compound interest are the same as those governing the deductibility of ordinary interest. Any investor with a home loan who wants to purchase an investment property should ensure that any investment loan he arranges includes a capitalising investment line of credit.

The Best Government Student Loan Benefits
Executive Summary By J. Dees

One of the best government student loan benefits is the fact with a government loan, while the application process may take a little longer, this type loan is often a lot easier to get approved for. When first entering college most students have little if any credit. Additionally, one of the best government student loan benefits is that compared to private loans there aren’t as many fees. Government loans don’t charge application fees while most private loans do in addition to many others fees such as penalties for earlier repayment and late payment fees.

How to Get the Best Home Mortgage Loan Rate
Executive Summary By Patricia Pearce

Obtaining the best home mortgage loan rate will save you thousands of dollars in interest paid over the life of your loan. If you get a loan at 6%, your payments would be $899.33. Now, you might be thinking that you can tell if your loan has an interest rate of 5.5% or 6%, and you can if it’s the stated interest rate. When you get a loan, besides the stated interest rate on the loan, you’ll also have to pay closing costs and perhaps even points. Points are specifically interest paid in advance.

So, now you not only have to check the stated interest rate on your loan, but the closing costs, and the points, too. It’s called the annual percentage rate, or APR. When you’re shopping for your best home mortgage loan rate a better way to compare loans is by their APR instead of their stated interest rate.

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