The Guide - Finance

Bite sized chunks of financial wisdom

45965829_xxl

First home finance

Save. Save hard. Save now. Keep saving. This is the fact - the more you save, the better off you’ll be with your new home.

Mortgage brokers

These guys are your friends. They work hard to find you the best value home loan for your situation.

Broker prepared

Get a summary of your financial life sorted out before you sit down with any brokers. It will put you in a better position to have a meaningful conversation, and it will allow them to give you more valuable advice.

Fixed interest home loan

Like the name says, the interest stays the same for the agreed term and you get some certainty.

Variable interest

Ride the roller coaster and take the risks. Pay less when it’s down, pay more when it’s up. Get good advice so you understand exactly how this works.

Rates & fees

Home loans cost money, so make sure you do your research and ask your broker questions to understand exactly what fees apply to your loan, both for now, and down the track.

Jargon busters

New home finance and home loans are definitely jargon-rich areas, and that’s not a great thing. You can solve this problem by doing some short, sharp reading to get your head around the most common terms.