First Home Buyers
First Home Buyers
Thinking about buying your first home but unsure where to start? At Loans & Mortgages, we simplify the process, guiding you every step of the way.
We help you with:
Understanding your borrowing power– find out how much you can get.
Low deposit solutions– explore options tailored to your situation.
Loan comparisons across multiple lenders– ensuring the best rates and terms.
Guides
Get mortgage free faster
Dreaming of the day you can really call home your own? Take a quick look at these five tips to getting mortgage free faster.
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Increase your repayments
Increasing your repayments can significantly reduce the overall interest paid on a loan and help you become debt-free faster.
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Pay lump sums
A lump-sum payment refers to a single, substantial amount of money paid all at once, rather than in smaller installments over time.
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Consider an offset home loan
An offset home loan is a type of mortgage that allows you to link a savings account to your home loan.
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Keep repayments the same if interest rates fall
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Look at how your home loan is structured
Examining your home loan structure involves understanding its key components, including the loan type (fixed or floating), interest rate, loan term, repayment schedule, and collateral requirements.
Guide
Managing your home loan
Research options, budget wisely, maintain a good credit score, and plan for timely EMI payments.
Guide
Fixed term nearly up?
Review your loan options, assess market rates, and communicate with your lender to make an informed decision before the term ends.
Guide
How to navigate decreasing interest rates
Consider refinancing your home loan to a lower rate, switching to a floating rate, or making prepayments to reduce principal.