Originally Posted by Unregistered

Don't be stupid. Don't take the loan. What you should be doing is to pay down your mortgage as fast as possible. You could also downgrade to a cheaper property and pay off the mortgage and live in a fully paid home. Don't be too happy with your hubby's salary. He can be retrenched anytime and you will go from $500k pa to zero. He can also lose his ability to work to due ill health, accident or even die. Life is unpredictable. You have made money from your property investment, what you need to do is build up your cash reserve for rainy days. If you take the loan, and then we hit a crisis and your hubby lose his job, and the property market crash, you can lose everything and will be begging on the streets. Don't act tough. Sorry for being harsh, but I care, especially since not many people in this forum understand finance and investments.