Paying off your home loan
Start your home loan journey today
Finding the right home loan can feel a little overwhelming. But that is only the start! Once you have a home loan, what is your strategy for paying off your loan?
Your lender has a great plan. They lend you the money and they charge you interest while you pay your loan off over a 30 year period. And that adds up to a lot of interest!
So why not have your own strategy? This may mean things like:
- change from monthly repayments to fortnightly repayments
- increase your regular repayments
- use an investment property to help you pay off your home loan. This is an interesting concept and one worth discussing with us to customise a plan for you.
You may also be interested in this blog - click here
Or visit our Facebook page - click here - where we are regularly posting updated and tips & tricks.
Call us on 0411220083 or email us on peter.ruddock@mortgagechoice.com.au to get more information.
