Comparing apples with oranges doesn’t make sense. To make finding the right loan easier, and to make advertised rates as transparent as possible, there are comparison rates.
Interest rates are a crucial factor in determining your loan repayments and the total cost over its lifetime. Staying informed about your current rate and keeping an eye on market trends is essential for managing your finances effectively.
Construction loans are not as straightforward as standard home loans. There are additional decisions to be made about the structure of the loan, additional documentation is required and the funding is released in an entirely different way.
Entering the property market is no easy feat for a first homebuyer, and it’s common for parents to want to help first homebuyers either through gifting funds for the deposit or by acting as guarantor on the loan.
When taking out a mortgage, many people forget to consider the fees and expenses that come on top of the purchase price of the property.
Circumstances can change, leaving your home loan less suitable than it was originally. A home loan health check can reveal if you’re paying too much.
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