Breathe some life into your loan
Sometimes, your existing home loan can get neglected. Give it some love.
There are many benefits to reviewing your home loan regularly - the main one being, it can save you money in interest.
One service we offer to our clients, which is free to you, is to negotiate your interest rate with your existing lender.
If we are able to negotiate a lower interest rate, we could be saving you thousands of dollars every year in interest.
You may also be able to reduce your repayments, which means you will have more cashflow each month. You could put this extra cash to good use and pay off your home loan much quicker, or just give yourself the freedom to indulge a little more.
In our office, since the start of 2022, we have managed to reduce our clients existing interest rates by 0.54% on average. To give you some perspective, on a $400,000 loan balance, that is a saving of approximately $180 per month in interest.
Don't you want to save some extra cash too? You've got nothing to lose.
