How to work out ...
Sep 7th 2009, 2:50 am
#1
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How to work out ...
I am brain dead right now and know the answer could be smacking me between the eyes and I am still not seeing this
How do you compare - numerically not anacdotaly - which is most cost effective:-
Leaving UKP where they are earning low interest payments
or
Using same money to take a slice off AU mortgage therefore saving slightly higher interest charges buthave to suffer these awful fx rates
I know you have to assume FX rates in order to do this and would work out a few variations and also assume interest rates remain the same - or at least he same differential between countries.
How do you compare - numerically not anacdotaly - which is most cost effective:-
Leaving UKP where they are earning low interest payments
or
Using same money to take a slice off AU mortgage therefore saving slightly higher interest charges buthave to suffer these awful fx rates
I know you have to assume FX rates in order to do this and would work out a few variations and also assume interest rates remain the same - or at least he same differential between countries.
