Question : What is a competitive interest rate for a Margin Loan Australian dollars?
I am preparing to apply for a margin loan, I would like an idea of the interest rates different institutions are offering.I want to borrow against my existing share portfolio and other assets, what is the most competitive interest rate going to borrow against $60k worth of shares?Comsec will lend up to 90% depending on what you are prepared to invest in, I would like a margin loan in the range of $40k, fixed prepaid interest. Can you provide the company name, product name and interest rate?
- asked by treb67
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