

Hey Mike, Seems you have not asked CBA about this rate as they MAY even lower it just for asking... THAT is the role of your previous broker - reviews and such. As per my colleagues answers, you could refinance to other lenders as some lenders are heavily discounting for NEW business and you will certainly get a better rate. Happy hunting.


Hi Mike, More than happy to look at other competitive offers in the market but you may need to pick one of the brokers out here by clicking on their profile and inquiring further. Feel free to ask me or anyone that way and please note I'd be more than happy to provide you with an assessment. Kind regards, Milan

Hi Mike, I hope you're well and thanks for your questions? I have access to over 40 lenders and if you wish to explore what you can achieve with your interest only investment loan, please get in touch trough my profile link? I can get interest only rates form 4.19% and better depending on your whole picture? Kindest Regards. Glenn Rowan


Hi Mike interest only rates have increased significantly, largely due to changes introduced by ASIC and APRA. However yes there are cheaper rates than what you currently have. I'm not sure if $488k is your total lending or if you have a loan on each property. If you do, that can increase the discount you may be entitled to. I hope that helps, happy to chat further if you would like more information. Regards, Erica

TIAN
Hi Mike, yes there are better deals on the market for IO Investment loans. However we need to look at your full profile to give a competitive rate. Please contact me, thanks