The amount you can borrow depends on your income, expenses, existing debts, credit history, and the lender’s criteria. As your mortgage broker, we can help you assess your borrowing capacity and get pre-approval.
Fixed rate: Your interest rate stays the same for a set period, giving you predictable repayments.
Variable rate: Your interest rate can change based on market conditions, which can affect your repayment amount.
We can discuss which option suits your financial goals.
LMI is a one-time insurance premium you may need to pay if your deposit is less than 20%. It protects the lender (not you) in case you default on your loan.
Refinancing means replacing your current home loan with a new one, either with the same or a different lender. It can help reduce your interest rate, access equity, or consolidate debt.
Yes, many home loans allow extra repayments, especially variable-rate loans. This can help reduce your loan term and interest. Some fixed-rate loans may have limits on extra repayments.
An offset account is a transaction account linked to your home loan. The balance in the account "offsets" your loan balance, reducing the interest you pay. It's a great tool to save interest while maintaining access to your funds.
Our experts are ready to assist you with your financial needs.
