COMPARISON RATES
Comparison rates are a fantastic way of making sure that you won’t overspend on a loan and that you’re getting nothing but the very best deal there is. You’ll have to check them out no matter if you’ve taken your [...]
CHOOSING YOUR HOME LOAN
We live in a day when no one can go around without a home loan. Sadly, our monthly income doesn’t allow us to pay for a house right off the bat. Therefore, if we want to own a house, we [...]
HOME LOAN FEES
If you thought that home loans only came with “borrow a sum, pay that exact sum back,” you are highly mistaken. A loan is more or less a favour – and no one does favours for free. You’ll still have [...]
PRO TIPS TO PAY OFF YOUR HOME LOAN
Tip #1: Pick the right loan for your needs Do you want the option to repay the whole loan earlier than expected? If so, then a variable-rate loan may be the better choice, as they tend to be [...]
NEGATIVE GEARING
“Gearing,” by definition, simply means to borrow money to buy an asset. For instance, when you take out a loan to buy a property, that’s gearing. Basically, there are three types of gearing: Negative gearing, where the interest you’re paying [...]
PROPERTIES AND TAX DEPRECIATION
Can I Deduct Depreciation on my Investment Property? Tax depreciation helps property investors save significantly on taxes. However, not all property investors take full advantage of the tax savings available to them. To help you make a wise decision, [...]