Posts tagged repayments
Glamour-less but Effective: Why You Should Take a Second Look at the Redraw Facility

Often overlooked, the redraw facility is not always on the top of a client’s list of desired loan features. It’s a common feature attached to a variable rate home loan, which allows the account holder to withdraw money they’ve already contributed to paying off their loan if they have paid over and above the minimum scheduled repayments. As you’re able to make additional repayments, you can reduce your loan balance and save on interest.

Read More
Home Loans: Should You Make the Switch?

Switching home loans could potentially save you thousands of dollars in interest and allow you to take advantage of different features that you currently don’t have access to. However, before deciding, always check that the benefits are worth the fees you’ll be facing for leaving one loan and taking up another.

Read More
Share House: How to Minimise the Risks of Buying Property with Friends

In the Australian housing market, it’s a struggle when trying to get your foot on the property ladder for the first time. As housing prices continue to climb steadily, the window of opportunity may seem to be getting smaller.

But, if you were presented with the chance to go in with friends, would you do it?

Read More