Redraw and how it works

Redraw and how it works

It’s one of the less glamorous home loan features, but the redraw facility deserves a second look. Here’s why: The redraw facility explained A redraw facility lets you make additional repayments to reduce your variable rate home loan balance and save on interest. If...
Offset Accounts Explained

Offset Accounts Explained

Savvy borrowers have an endgame in sight before they even apply for a home loan, and with the right mortgage offset account, they could win that game even more quickly. Home buyers usually focus on the here and now, not the distant future. Rather than the size of...
Tips to clear your mortgage

Tips to clear your mortgage

Wondering how to pay off your home loan sooner? Here are some extra steps that can speed up loan repayments and reduce your loan balance. Make higher repayments One of the easiest ways to quickly reduce the balance of your mortgage is to make larger loan repayments....
Attracting Quality Tenants

Attracting Quality Tenants

When your investment property lies vacant for even a short time, your earnings can take a big hit. So how do you get the best out of your property in a competitive market? Here are some tips to make your property stand out from the pack. What tenants want Property...
Borrowing for Renovations

Borrowing for Renovations

You’ve been dreaming of that new kitchen and dining room for as long as you can remember, and now the time has come to put your plans in motion. But do you really have the budget to afford the works? Here are a few things to think about before making the leap from...