When was the last time you reviewed your mortgage? Do you actually know your current interest rate? If it starts with 4 or more then you might be paying too much.
Despite low interest rates many Australians are still overpaying on their home loans. The Reserve Bank of Australia (RBA) estimates that the average Aussie is paying at least half a percentage point more than they should.
Your home loan is likely to be the biggest financial commitment you will ever make so it is critical that you keep it current. Your home loan should not be something you set and forget. It is very important to stay on top of the market and have your loan professionally reviewed regularly.
If it's been a few years since you refinanced - or if you've never refinanced, now is a great time to compare loans and potentially save.
Or if you're looking to purchase your first home it's worth doing some research to find the best rate for you.
Choosing a home loan is a big decision so you need to be fully informed. To ensure you feel confident about your decision our Lending Specialist will provide you with a range of options best suited to you personally. Once you make a decision we will make the transition process quick and easy, ensuring you start saving as quickly as possible.
There's no reason to be paying a high interest rate. Reduce your monthly mortgage payments, stop overpaying on your home loan and save.
Talk to our financial planning team who will assist you in securing the best rate for your loan potentially saving you thousands.