FREE Home Loan Health Check
Get ready to fill up your piggy bank.
Want to reduce your mortgage repayments? When was the last time your home loan had a health check?
The latest increase in home loan interest rates is a good time to remind yourself whether the interest rate at your bank, is the best rate for you. Interest rates are at an all time low, the cash rate is 1.5%, which the RBA has held since August 2016. Yet, home loan interest rates can vary between lenders by up to 1%.
By finding the best rate, you can reduce monthly repayments, and the overall cost of your loan. To give you an idea of the cost savings, a difference of 0.2% on a $400K loan is close to $50 per month and $18K over the lifetime of the loan (4.5% vs 4.3% over 30 years).
You may think it is a lot of work to change loans. Yes, there is paperwork and some costs involved – but that’s where we can help. WE DO ALL THE WORK FOR YOU - we find you the best deal that includes bank rates and fees.
Whether you want to re-finance, or purchase a new property, we’ll help you reduce the cost of your home loan.