offset

Q. My partner is 51 and earns $70,000 and has super of $200,000. I am 42 and earn $62,000 (I work at a not-for-profit and salary package $18,550), plus investment property income of $18,000 with superannuation of $160,000. We bought our principal place ... More

Q. I am 37 and earn $120,000pa before tax. My wife works part-time and earns 30,000-$40,000pa. We have two kids, a boy aged 7 and a girl aged 3. Our house, in the inner suburbs of Brisbane, is valued at about $780,000. Including an offset of $116,000 ... More

Q. I am a 32-year-old with a great job and potential for wage growth . I earn $85,000 and own an apartment . I have about $210,000 left on my mortgage and about $30,000 saved in an offset account . I transfer around $1000 every month into my mortgage. ... More

We set the record straight on some popular beliefs about mortgages and interest rates 1. There's no such thing as a standard variable rate TRUE Lenders will advertise a standard variable rate but that's not what most home owners settle on. Investors ... More

How can you pay 1% less on your mortgage while your parents earn 1% more on their savings? Get your parents to put their spare cash in your offset account. It's something that Money's chief commentator, Paul Clitheroe, has been doing for some time. ... More

Q. I am 40 and my wife is 30. I work full time with an income of $250,000. My wife is a housewife. We have a young child. Our house is valued at $3.2 million and we have a mortgage of $1.4 million. W e have a mortgage offset account with $700,000-plus. ... More

Brett: I am 42 and my wife 40, with three children. We have paid our mortgage to 99% but plan to renovate in the next two years. To ensure the loan does not get to 100% we have reduced the monthly repayment to the minimum and are moving all excess money ... More