What is a portable loan?
What is special about a ‘portable loan’? A question from a reader “ I believe our loan is a portable loan so that means we can take it...
Thinking about property investment? Start with the ending for a clearer path.
Knowing what you want to achieve and why you are investing in property means you can choose better, tastier options that are more likely...
Do I need to refinance?
When refinancing isn’t the best option. Sometimes people come to me and ask for a refinance, but they’re basically happy with their...
A small renovation, like a new kitchen, could cost you as little as $40 a week, or nothing at all if
Most of us are living with at least one home feature that we don’t love – a kitchen, a bathroom, old deck or lack of car accommodation –...
Redraw Facility...great for emergencies!
Redraw Facility: If you have made any lump sum or additional principal repayments to your loan account, you can access those extra...
What structure should you use to buy your property?
Most people, when buying a home to live in with your spouse and your family, will buy the home as ‘Joint tenants’, that is, essentially...
Refinancing...
Refinancing: This means that you switch your current loan from one lender to another; this might be to save interest, to access equity or...
Beware the cost of lost opportunity
Occasionally we are presented with opportunities that we know or believe would make a difference in our lives – and sometimes they are...
Standard Variable Rate
Standard Variable Rate: An interest rate, which is applied to a loan. These may have features such as redraw facility, construction,...
Fixed rate...to fix or not to fix?
Fixed Rate: An interest rate set for an agreed term. Eg. for 2, 3, or 5 years. Fixed rates are akin to a contract – you agree to pay the...
