Ever wondered what all those home loan features actually mean? Hopefully we can make life a little easier with an explanation of the most common ones. Offset Accounts This is a transaction account linked to your home loan that helps reduce your interest repayments. Banks calculate interest daily and charge accordingly so any credit balance that […]
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How much are Refinancing Costs? Let’s get started by understanding what this refinancing stuff is all about. Basically, it is shifting your home loan from one bank to another with the goal of saving on interest payments. Unless you have been living under a rock you would have seen countless bank adverts talking about their […]
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