How much deposit do I need for an investment property?

Most investors aim for a 20% deposit, which keeps your loan at an 80% LVR and helps you avoid Lenders Mortgage Insurance (LMI). You can still buy with less, but you may incur additional LMI costs.

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Will rental income help my borrowing power?

Yes - absolutely. We can count up to 80% of your projected rental income can be included in your borrowing power. This allows for a buffer in case of vacancies or shortfalls.

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Can I use equity in my home to buy an investment property?

Yes. If you’ve built up equity in a property you already own, you may be able to refinance and use a portion of it as your deposit for your next investment. This can help you enter the market sooner without needing a full cash deposit.

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Can I get flexible features like offset, extra repayments or redraw?

Definitely. Depending on your loan, you can access:

• A 100% offset account (Your Way Plus Investor)
• Unlimited extra repayments on variable loans
• Up to $10,000 extra per year on fixed loans
• Free redraw on the variable portion – also available on Your Way Plus fixed-rate loans, up to the annual early repayment threshold

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Can I get an offset account with my investor home loan?

Yes. The Your Way Plus Investor Home Loan offers a 100% offset account, helping reduce the interest you pay over time.

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What upfront and ongoing costs should I budget for?

You should factor in upfront costs such as:

• Stamp duty
• Legal and conveyancing fees
• Property inspections and valuations

And ongoing costs including:

• Property management fees
• Repairs and maintenance
• Council rates
• Land tax (if applicable)
• Vacancies or rental shortfalls

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