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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Packaged Home Loans are Australia's choice

Packaged Home Loans are Australia’s choice

Packaged Home Loans help Aussies save More and more Aussies are opting for packaged home loans. More than half of Australia’s total home loans comprise of packaged products. The main advantage is convenience. You get to bundle your savings account, term deposits, credit cards, car loan and other financial product under the one umbrella. Banks […]

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Checklist for Australian First Homebuyers

Checklist for Australian First Homebuyers

  The Checklist all Homebuyers must read! It’s not uncommon for Australians to buy a property and later end up realising it wasn’t the best deal possible. The best thing you can do to avoid being in that situation is work through a checklist in advance. Below is a useful start: Research. Always look around for […]

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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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