How To Pay Off Your Home Loan Quicker
Better Loan Solutions in Mornington Peninsula • Learning Centre • Insights
Better Loan Solutions in Mornington Peninsula • Learning Centre • Insights
While many people are excited about the idea of buying their first home, it can also be overwhelming knowing that you have to eventually pay off a large mortgage.
The good news is that with some simple strategies, there are ways to pay off your home loan faster than expected.
It’s important to have a very clear understanding of what your financial situation is going to look like once you’ve taken on a mortgage.
Most lenders will typically put you on monthly mortgage repayments. While this might be convenient, it might not be the most cost-effective option for you.
These days, there are several home loans that come with useful features that can help save you money on interest. An offset account is one such tool. This feature operates like a transaction account, however, it is linked to your home loan account.
Our in-house Mortgage Broker can help you work out the best loan to finance your needs.
Get in touch to start a conversation.
WEBINAR 25 SEPT // 12PM
The final session focuses on the changing legal environment, highlighting recent amendments to the Fair Work Act, capturing independent
contractors under workers' compensation schemes, payroll tax considerations, superannuation compliance, and practical steps to mitigate
risks.
WEBINAR 11 SEPT // 12PM
In the third session, we'll delve into superannuation guarantee changes, including proposed changes to payday superannuation, new rates and
bases, and the impact on SG liability. Gain insights into employer deductions, termination of employment considerations and more.
WEBINAR 4 SEPT // 12PM
Master allowances and reimbursements, understand their PAYG and super guarantee implications, and learn to navigate travel vs.
living-away-from-home allowances. Gain insights into FBT considerations, new ATO record-keeping requirements, and effective salary packaging
arrangements.