Investment Loan News
Personal Finance
2 August 2007
QI have an investment property in my name with a $200,000 interest-only mortgage. My husband and I have a principal-and-interest mortgage of $600,000 on our house. We have been offered a great rate if we bring both of these loans across to another bank but they only offer the principal-and-interest mortgage. How do I keep my investment loan separate, since I don't want to repay any capital on it and I also want to keep my deduction for the interest paid on it for tax purposes?.. read full story
