415 | When Do Out-Of-Pocket Costs Become Too Much?
The Property Couch
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Are You a Rent Vester?
When looking at fixed rates, we would also look to say, well, why don't you split and have a portion of variable and a portion of fixed? And the best way to do that is to assess how much surplus cash you believe you're going to be able to generate over the course of the fixed rate period. So yes, that money would be better parked on an offset account against their principal place of residence over the medium to longer term. But in theory, parking money in there and being able to release it out for future purposes via equity, not a bad thing.
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