Canna Campbell
speaker
5,457 appearances
32 recordings
3 series
first heard Apr 2026
last heard 6d ago
Canna Campbell’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 32 in all, peaking in Jun 2026 with 9.
Appearances
What is the situation behind this?
And also, what's backing that loan?
Is there a fleet of investment properties behind this particular person?
Or is there huge amounts of equity elsewhere?
You can't just put this aside.
generic blank one-size-fits-all rule.
It's very circumstantial and situational.
Also, on that note of going interest-only, yes, it still exists because for some people in certain situations where maybe they're going through financial hardship or they're having a family and then the bank approves this, they might say, well, okay, to help keep the loans in place, not to put you in a position where you're forced to sell.
the numbers stack up to be able to flick you to interest-only for, say, a 12-month period to get you through with the cash flow.
Absolutely.
You would ideally, if that's your goal, to create that equity, to create that passive income, you want that loan coming down.
However, this is the other thing.
There's a lot more nuances in this than people would realize from a surface level.
There are situations where people may not actually be able to be approved for that loan on the P&I numbers.
They can only get it approved under interest only.
Now, with interest only, just because the bank has put you on an interest only doesn't mean you follow that prescription.
You can still treat that investment loan as a principal and interest loan.
So even though my interest repayments may be $50,000 a year, I can still chip away at that loan, make them $60,000 a year and start bringing that loan down.
And that can be particularly valuable once your interest only loan terms and conditions have expired because then the bank looks at it and goes, well, actually you've been behaving in a manner with your cash flow in that it's actually principal interest.
It's a very smooth transition.
Showing 3901–3920 of 5,457 · page 196 of 273
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