“Someone who chooses interest-only on the investment split usually maximises the deductible interest and directs all surplus… towards a non-deductible home loan”

Aidan Gullman · Financial Autonomy · Debt Recycling: Could You Use Your Mortgage to Build Wealth Faster?

Play from 15:43
15:43

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What was described

Choose interest-only repayments on the investment split to maximise deductible interest and funnel surplus cash to the home loan

Said nearby on the same subject

“Loan split… $500,000 non-deductible home loan… put $100,000 into the loan, split it into $400,000 or $100,000 and then go invest $100,000 in shares”
PN
Pat Noll
Equity Mates Investing Podcast ·
How they work $500,000 loan split into $400,000 non-deductible + $100,000 deductible Share this moment
“I just got an unconditional approval for a loan and signed loan docs on Saturday. It's a $6.5 million loan and it was split into two portions, one at 6.14% interest only investment and one at 6.34%. So we guarantee our rates at 6.1%.”
JH
Jack Henderson
Asset Rich with Jack Henderson ·
Why it worked $6.5 million; 6.14%; 6.34% Share this moment
“We use $200,000 to pay down the home loan… then we take out a $200,000 loan and use that to invest… that $200,000 loan becomes tax deductible”
AG
Aidan Gullman
Financial Autonomy ·
Why it worked $200,000 Share this moment
“Go revalue your property, lock in that equity, get it on an interest only loan ... you can reset the interest only term after five years ... that locks in 10 years, a full decade, of access.”
SW
Stuart Weems
Investopoly ·
How they work Share this moment

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