How interest is calculated on a home loan

How interest is calculated on a home loan

Learn how interest is calculated on a home loan Your interest rate is the backbone of your home loan. It’s the very thing that means the difference between lifelong prosperity or lifelong struggle. Unfortunately many Australian homebuyers end up paying more interest than they otherwise would. This results from a lack of proper understanding how interest […]

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What does Lenders Mortgage Insurance (LMI) mean for Australian homebuyers?

Everything you need to know about Lenders Mortgage Insurance (LMI)

Lenders Mortgage Insurance: The Sometimes Necessary Evil Lender’s Mortgage Insurance, or (LMI) is a form of insurance that protects the banks in the event the borrower is unable to make repayments on their home loan. This insurance is not be confused with regular mortgage insurance that’s made available to borrowers looking to protect themselves against, […]

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