Which is the right home loan for you?
Maryanne
March 4, 2020
There are a bewildering variety of home loans available, and it can be confusing to figure out which type of home loan is the best
There are a bewildering variety of home loans available, and it can be confusing to figure out which type of home loan is the best
When I arrived, the two brothers told me how they were living in their late mothers home, since before she passed, and now their two other siblings were looking to get their inheritance out of the property.
Unfortunately, the only way they could do this was either sell the family home (leaving the brothers with nowhere to live) or if the brothers could come up with the $116 000.00 they could pay out their siblings and stay in their home.
The hardest part of setting a budget is knowing what to do, how to do it and what to do once you set a budget.
I talk to so many clients about their repayments and almost every time my clients request to repay their loan repayments either weekly and fortnightly because we all know that saves time and money off the loan right… well not always….
Everyone talks about getting their ‘deposit’ together and how much the deposit must be. Regardless whether you plan to have a 5%, 10% or 20% deposit there are 6 must know costs to factor in when buying your First Home or it could end up costing you more than you can afford.
When I first took notice of the discounted interest rates offered by car yards I thought ‘there has to be a catch!’ and here’s what I found…
The First Home Buyers Program is a self paced, online, course which participants can do once or as many time as they like and the best part is, it covers the whole Home Buying Journey, from working our your individual deposit required, saving your deposit to structuring your bank accounts.
I will take you through what the details of The First Home Loan scheme, who is eligible for the scheme, How the scheme works and what to do if you don’t qualify.
When you do the maths, or listen to Therese do it on the podcast, it’s easy to see, if we could keep our actual living expenses to HEM, there would be savings left over each year to put towards your Home deposit.
CREDIT REPRESENTATIVE 490945 AUSTRALIAN CREDIT LICENCE NUMBER 387025