Offset vs Redraw: What’s the Difference — and Why It Matters More Than You Think
there are two primary tools that allow you to do this: the Offset Account and the Redraw Facility. Mathematically, they achieve the same result.Behaviourally, they are very different.
ASIC’s Probe into Mortgage Offset Accounts: What It Means for You
Discover how ASIC's probe into Offset Accounts affects your mortgage savings. Learn to ensure your Offset Accounts are set up correctly.
How Your Spending Habits Could Make or Break Your Home Loan Approval
When applying for a home loan, many people assume the biggest factor in the bank’s decision-making process is income. While income...
Understanding Mortgage Interest Rates: What Every Borrower Needs to Know
Your home loan should work for you — not the other way around. With the right knowledge and a proactive approach, you can take control of...
5 Ways to Increase Your Borrowing Capacity
The higher your home loan borrowing power, the more options you could have. And the good news is, there are ways to help increase your...
HECS and HELP Debt: How It Impacts Your Home Loan Borrowing Capacity
HECS and HELP debts affect your Home Loan borrowing capacity, but it doesn’t have to stop you from achieving your homeownership dreams. With smart budgeting, managing other debts, and expert guidance, you can navigate the challenges effectively.