Investment Property Home Loans
Investment Property Home Loans
Your best source of passive income with minimum upfront investment
Your best source of passive income with minimum upfront investment
What is an Investment Property Home Loan?
What is an Investment Property Home Loan?
What is an Investment Property Home Loan?
An investment property home loan is a type of loan advanced to borrowers who want to own a property as an investment rather than their primary residence. This type of mortgage is tailored for investors who want to generate rental income or benefit from property value appreciation over time.
Investment Property Home Loan Type Qualifier
Investment Property Home Loan Type Qualifier
Investment Property Home Loan Type Qualifier
Use the calculator below to check the types of owner-occupier home loans best suited for you.
The results provided by this calculator are for indicative purposes only and are based on the information you have provided. They do not constitute financial advice, a loan offer, or a guarantee of approval. Loan eligibility is subject to lender assessment, credit checks, and other conditions. We recommend consulting with a licensed financial advisor or mortgage broker before making any financial decisions.
The results provided by this calculator are for indicative purposes only and are based on the information you have provided. They do not constitute financial advice, a loan offer, or a guarantee of approval. Loan eligibility is subject to lender assessment, credit checks, and other conditions. We recommend consulting with a licensed financial advisor or mortgage broker before making any financial decisions.
Source of rental income and potential for capital growth
Pros
Cons
Pros and Cons of Investment Property Home Loans
Potential tax deductions on various maintenance expenses, including:
Negative gearing opportunities: can deduct the loss from your taxable income when the investment property expenses exceed the rental income
Property management fees
Interest on mortgage
Maintenance and repairs
Council rates and insurance
(*Please check these with your tax adviser)
Can use the equity of your existing property as a deposit
Can convert your investment property into an owner-occupied property after some time if need be
Higher interest rates than owner-occupier loans
Stricter lending criteria
Ongoing costs (maintenance, insurance, rates)
Capital gains tax implications
Source of rental income and potential for capital growth
Pros
Cons
Pros and Cons of Investment Property Home Loans
Potential tax deductions on various maintenance expenses, including:
Negative gearing opportunities: can deduct the loss from your taxable income when the investment property expenses exceed the rental income
Property management fees
Interest on mortgage
Maintenance and repairs
Council rates and insurance
(*Please check these with your tax adviser)
Can use the equity of your existing property as a deposit
Can convert your investment property into an owner-occupied property after some time if need be
Higher interest rates than owner-occupier loans
Stricter lending criteria
Ongoing costs (maintenance, insurance, rates)
Capital gains tax implications
Source of rental income and potential for capital growth
Pros
Cons
Pros and Cons of Investment Property Home Loans
Potential tax deductions on various maintenance expenses, including:
Negative gearing opportunities: can deduct the loss from your taxable income when the investment property expenses exceed the rental income
Property management fees
Interest on mortgage
Maintenance and repairs
Council rates and insurance
(*Please check these with your tax adviser)
Can use the equity of your existing property as a deposit
Can convert your investment property into an owner-occupied property after some time if need be
Higher interest rates than owner-occupier loans
Stricter lending criteria
Ongoing costs (maintenance, insurance, rates)
Capital gains tax implications
Source of rental income and potential for capital growth
Pros
Cons
Pros and Cons of Investment Property Home Loans
Potential tax deductions on various maintenance expenses, including:
Negative gearing opportunities: can deduct the loss from your taxable income when the investment property expenses exceed the rental income
Property management fees
Interest on mortgage
Maintenance and repairs
Council rates and insurance
(*Please check these with your tax adviser)
Can use the equity of your existing property as a deposit
Can convert your investment property into an owner-occupied property after some time if need be
Higher interest rates than owner-occupier loans
Stricter lending criteria
Ongoing costs (maintenance, insurance, rates)
Capital gains tax implications
fAQs
There is no strict limit on the number of investment property loans you can have. However, each additional loan will be subject to careful assessment of your income, existing debts, and ability to service all loans. So, if you aren’t already doing well with managing your investment property, chances are your credit scores will get affected if you add one more.
How many investment property home loans can I have?
There is no strict limit on the number of investment property loans you can have. However, each additional loan will be subject to careful assessment of your income, existing debts, and ability to service all loans. So, if you aren’t already doing well with managing your investment property, chances are your credit scores will get affected if you add one more.
How many investment property home loans can I have?
There is no strict limit on the number of investment property loans you can have. However, each additional loan will be subject to careful assessment of your income, existing debts, and ability to service all loans. So, if you aren’t already doing well with managing your investment property, chances are your credit scores will get affected if you add one more.
How many investment property home loans can I have?
There is no strict limit on the number of investment property loans you can have. However, each additional loan will be subject to careful assessment of your income, existing debts, and ability to service all loans. So, if you aren’t already doing well with managing your investment property, chances are your credit scores will get affected if you add one more.
How many investment property home loans can I have?
Yes, you can live in your investment property, but you must notify the Australian Tax Office (ATO) when switching it to your principal place of residence (PPOR). This will affect your tax deductions and benefits, as you cannot claim tax deductions for a PPOR. On the bright side, you can notify your lender about the switch and negotiate better interest rates provided to owner-occupied home loans!
Can you live in your investment property?
Yes, you can live in your investment property, but you must notify the Australian Tax Office (ATO) when switching it to your principal place of residence (PPOR). This will affect your tax deductions and benefits, as you cannot claim tax deductions for a PPOR. On the bright side, you can notify your lender about the switch and negotiate better interest rates provided to owner-occupied home loans!
Can you live in your investment property?
Yes, you can live in your investment property, but you must notify the Australian Tax Office (ATO) when switching it to your principal place of residence (PPOR). This will affect your tax deductions and benefits, as you cannot claim tax deductions for a PPOR. On the bright side, you can notify your lender about the switch and negotiate better interest rates provided to owner-occupied home loans!
Can you live in your investment property?
Yes, you can live in your investment property, but you must notify the Australian Tax Office (ATO) when switching it to your principal place of residence (PPOR). This will affect your tax deductions and benefits, as you cannot claim tax deductions for a PPOR. On the bright side, you can notify your lender about the switch and negotiate better interest rates provided to owner-occupied home loans!
Can you live in your investment property?
Most lenders require a credit score of 700 or higher for investment properties. Some lenders may consider scores as low as 620, but this typically results in less competitive rates. A strong credit score, stable employment, and a good debt-to-income ratio are crucial for approval
What credit score do you need for investment property?
Most lenders require a credit score of 700 or higher for investment properties. Some lenders may consider scores as low as 620, but this typically results in less competitive rates. A strong credit score, stable employment, and a good debt-to-income ratio are crucial for approval
What credit score do you need for investment property?
Most lenders require a credit score of 700 or higher for investment properties. Some lenders may consider scores as low as 620, but this typically results in less competitive rates. A strong credit score, stable employment, and a good debt-to-income ratio are crucial for approval
What credit score do you need for investment property?
Most lenders require a credit score of 700 or higher for investment properties. Some lenders may consider scores as low as 620, but this typically results in less competitive rates. A strong credit score, stable employment, and a good debt-to-income ratio are crucial for approval
What credit score do you need for investment property?
Taking your first step to owning a home? Fill out our consultation form today and our mortgage team will help you throughout your home owning journey (yes, even post-settlement!).
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.