Should you go with a fixed interest rate? Or a variable interest rate? Which one is better? 

 

If you've ever taken out a loan of any kind, you may have been presented with these options. 

 

In this episode, I tell you about how both of them work, and which I recommend choosing based on your unique situation.

 

 

 

 

 

 

 

 

 

 

Discussion Points:

00:00: Introduction

01:09: Locked in with fixed: no option to refinance  

04:38: Stuck on high interest rates with fixed

07:14: No option to extend interest only in fixed

10:00: Fixed interest = no offset account

11:56: The pros: fixed interest cheaper and more stable?

13:45: Which option makes the most sense?

14:43: Conclusion 













 

 






  






About The Host:

 

Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music. 

 

PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time. 






Resources:


Watch FREE Trainings On Our Website 👉 https://consultingbypk.com.au/
Get Suburb Tips & FREE STRATEGIES In Our Private Facebook Community With Over 50,000 Clients & Investors 👉 https://www.facebook.com/groups/passiveincomethroughproperty
Watch No Nonsense Property Market Insights On Our YouTube Channel 👉 https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta





Disclaimer: No Legal, Financial & Taxation Advice

The Listener, Reader or Viewer acknowledges and agrees that:
Any information provided by us is provided as general information and for general information purposes only;
We have not taken the Listener, Reader or Viewers personal and financial circumstances into account when providing information;
We must not and have not provided legal, financial or taxation advice to the Listener, Reader or Viewer;
The information provided must be verified by the Listener, Reader or Viewer prior to the Listener, Reader or Viewer acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener, Reader or Viewers accountant;
The information may not be suitable or applicable to the Listener, Reader or Viewer's individual circumstances;
We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, Reader or Viewer, and we have not provided financial services to the Listener, Reader or Viewer. 

Should you go with a fixed interest rate? Or a variable interest rate? Which one is better?&nbsp;
&nbsp;
If you've ever taken out a loan of any kind, you may have been presented with these options.&nbsp;
&nbsp;
In this episode, I tell you about how both of them work, and which I recommend choosing based on your unique situation.
&nbsp;
&nbsp;
&nbsp;
&nbsp;
&nbsp;
&nbsp;
&nbsp;
&nbsp;
&nbsp;
&nbsp;
Discussion Points:
00:00: Introduction
01:09: Locked in with fixed: no option to refinance&nbsp;&nbsp;
04:38: Stuck on high interest rates with fixed
07:14: No option to extend interest only in fixed
10:00: Fixed interest = no offset account
11:56: The pros: fixed interest cheaper and more stable?
13:45: Which option makes the most sense?
14:43: Conclusion&nbsp;
 
&nbsp;
&nbsp;
 
&nbsp;&nbsp;
 
About The Host:
&nbsp;
Subscribe to Aus Property Mastery with PK for no BS, &ldquo;straight to the point&rdquo; property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a &ldquo;Buyers Agent&rdquo;. You can listen to Aus Property Mastery on Apple Podcasts, Spotify &amp; YouTube Music.&nbsp;
&nbsp;
PK Gupta is the founder of the Property Investment Accelerator &mdash; Australia's #1 Rated And ONLY 100% Independent Real Estate Course &amp; Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.&nbsp;
 
Resources: 
<ul>
<li aria-level="1">Watch FREE Trainings On Our Website 👉 <a href="https://consultingbypk.com.au/">https://consultingbypk.com.au/</a></li>
<li aria-level="1">Get Suburb Tips &amp; FREE STRATEGIES In Our Private Facebook Community With Over 50,000 Clients &amp; Investors 👉 <a href="https://www.facebook.com/groups/passiveincomethroughproperty">https://www.facebook.com/groups/passiveincomethroughproperty</a></li>
<li aria-level="1">Watch No Nonsense Property Market Insights On Our YouTube Channel 👉 <a href="https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta">https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta</a></li>
</ul>
 
Disclaimer: No Legal, Financial &amp; Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
<ul>
<li>Any information provided by us is provided as general information and for general information purposes only;</li>
<li>We have not taken the Listener, Reader or Viewers personal and financial circumstances into account when providing information;</li>
<li>We must not and have not provided legal, financial or taxation advice to the Listener, Reader or Viewer;</li>
<li>The information provided must be verified by the Listener, Reader or Viewer prior to the Listener, Reader or Viewer acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener, Reader or Viewers accountant;</li>
<li>The information may not be suitable or applicable to the Listener, Reader or Viewer's individual circumstances;</li>
<li>We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, Reader or Viewer, and we have not provided financial services to the Listener, Reader or Viewer.&nbsp;</li>
</ul>

PK Gupta, a father, husband & property investor, shares his knowledge on building PASSIVE INCOME through property investing. 

Learn FREE Strategies and Market Insights backed by data and experience. Each episode provides essential tactics on buying Top 5% Growth & High Cashflow Property and growing your portfolio WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time. 

This podcast is for people who want to remove financial stress so they can do the things they LOVE, with the people they LOVE.

PK Gupta, a father, husband &amp; property investor, shares his knowledge on building PASSIVE INCOME through property investing. 
Learn FREE Strategies and Market Insights backed by data and experience. Each episode provides essential tactics on buying Top 5% Growth &amp; High Cashflow Property and growing your portfolio WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time. 
This podcast is for people who want to remove financial stress so they can do the things they LOVE, with the people they LOVE.

Aus Property Mastery with PK

PK Gupta, a father, husband & property investor, shares his knowledge on building PASSIVE INCOME through property investing.

Learn FREE Strategies and Market Insights backed by data and experience. Each episode provides essential tactics on buying Top 5% Growth & Positive Cashflow Property and growing your portfolio WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.

This podcast is for people who want to remove financial stress so they can do the things they LOVE, with the people they LOVE.

PK Gupta, a father, husband &amp; property investor, shares his knowledge on building PASSIVE INCOME through property investing.
Learn FREE Strategies and Market Insights backed by data and experience. Each episode provides essential tactics on buying Top 5% Growth &amp; Positive Cashflow Property and growing your portfolio WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
This podcast is for people who&nbsp;want to remove financial stress so they can do the things they LOVE, with the people they LOVE.

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