Learn effective strategies to pay off your home loan early in the Australian mortgage market. Discover methods such as extra repayments, fortnightly and weekly repayments, finding lower interest rates, avoiding interest-only loans, purchasing investment property, making lump sum repayments, and utilizing a 100% offset account. Save thousands in interest and reduce your loan term. Take control of your finances and achieve financial freedom.
Ensure a smooth home loan application process with our comprehensive home loan application document checklist. From proof of income to property documentation, we outline the specific documents required for salary/wage earners, self-employed individuals, rental income, and more. Be prepared and increase your chances of securing a mortgage tailored to the Australian market.
What you should do if your fixed rate is ending. 1. Negotiate with your lender. 2. Contact us. 3. Refinance to a lender with a lower rate if required.
Open Banking was introduced to help consumers safely share their data and to assist with finding banking deals available. It is not working as planned….yet.
Lenders are currently offering refinance cashbacks of up to $5,000 when you refinance your home loan to them.
It is not easy to get into the property market when property prices are still comparatively high and interest rates are on the up. This post describes 3 unconventional ways to get into the market.
Metallica fans are probably, singing “Gripping your pillow tight.” When I’m asked, “What do you think is going to happen with interest rates?” Sleep with one eye open is the best answer I have. Even after the pause in rises in April, there are still some drums beating for a May rise. There are roughly…
Stamp duty concessions and exemptions guide for Australian First Home Buyers
Last issue I mentioned that fixed rates are up. But variable interest rates are low. The trend continues with more and more banks putting their fixed rates up. Variable rates are now also up by 0.25% p.a. after the Reserve Bank decision in May 2022. The flow on effect has been the media running a…
To suggest that there are just 14 ways to pay your home loan off sooner is a little deceiving because there’s countless factors that can reduce your monthly obligations, and reduce the term of your loan. However, we’ll look at just 15 basic considerations. 1. Skip the honeymoon period Beware of lenders bearing gifts. The…
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