Sorry if this seems like spoon-feeding but I know there's a lot of helpful folk around here.
Just sold our place and now looking for pre-approval for new PPOR before we start submitting offers.
Our objective is to pay off as much as we can on the loan over the next 3 years, so looking to fix a good portion and split maybe 30% variable.
My requirements are:
- low as possible 3 year fixed rate
- competitive variable rate, with offset
- split 70% 3yr fixed/ 30% variable
We will have sizeable deposit so LVR will be less than 50% and loan amount between $800k to $1m (looking at properties around the $1.8m to $2m value). As we'd like to reduce our principal quickly, probably looking at a 15yr loan duration.
Located near Sydney if that matters.
Who do you recommend for this situation?