Get Ahead on Your Loan
The National Australia Bank says new figures show 85% of its mortgage customers pay more than their minimum monthly repayments. It is a good idea to try and “get ahead of the game” while interest rates remain low and make extra payments on your home loan. If your loan has a redraw facility the extra funds will sit there saving you interest and can be accessed in the future if needed in an emergency.
Mortgage Refinancing Tips
We can help clients who may have got ahead on their loan repayments and could be in a great position to apply for a mortgage refinance. This can help lower minimum payments, include new options, have lower interest rates or other possible benefits. Visit or mortgage refinancing page here.