Posts filtered by: November 2022
Comparing Variable and Fixed Rates

Comparing Variable and Fixed Rates

Wednesday 23 November 22

What is a Variable interest rate?A variable interest rate is a rate that may fluctuate over time, as it’s based on an underlying benchmark index that changes periodically. So, if your interest rate was to decrease, your loan repayments would also decrease, and vise versa,

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How to Pay off your Home Loan Sooner

How to Pay off your Home Loan Sooner

Wednesday 09 November 22

Are you struggling with the thought of having a huge debt over 30 years? Worried about the interest rate rises? Here are three questions to ask yourself about your home loan.  Question 1 - How much could you be saving on your home loan, by making

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What is Redraw?

What is Redraw?

Wednesday 09 November 22

 You may want to keep your loan simple, and not add on extras that you don’t want, but what if I told you a redraw facility could benefit you in the long term?!  Let’s start at the basics, what is Redraw? A redraw facility holds any extra/additional

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Bridging Finance

Bridging Finance

Thursday 03 November 22

Found your new home but haven’t sold your old one yet? You should consider a bridging loan. This isn't as easy as it used to be due to new responsible lending regulations, so it is a bit of a tricky one if you don't have

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