Home loan is not only about the interest rate you’re paying or about to pay. It’s also important to look at other features to make it affordable and save money. Redraw and Offset are among the popular features and almost work similar ways. The idea is to allow you to reduce the balance of your home loans. Therefore the interest charged, by applying extra money to your debt. Redraw: With the redraw option, you can deposit some extra […]Read More about Home loan with Redraw or Offset- which one select to save money?
Is refinance only about to get a lower interest rate? For many, the answer is yes. But others may take refinance as an opportunity to meet other funding requirements. Refinance your home is a major decision. It not only involves finances but also needs to meet your objective. Improving your living standard or adding substantial value to your property are some of the examples of renovation goal. Refinancing your existing home loan is a very helpful strategy to fund […]Read More about Why refinance to renovate your home