Do you know what interest rate you are paying on your Homeloan loan?
Is it worth discover how you paying on your loans and putting extra money into their bank managers pockets, more than they need to.
Typically this happens when the 1300WHATLOAN team review a client’s finances and establish they are paying too much interest.
Right now, it is highly likely that many are paying too much interest as there is significant competition among lenders.
The brokers in the 1300WHATLOAN team have been able to arrange very low variable and fixed loans for clients – many with interest rates below 4 per cent. But there is no guarantee that these ultra-low rates will be available forever, So clients are advised to contact their 1300WHATLOAN as soon as possible to lock in these low repayments.
A combination of capital growth in the past years, as well as these low rates, is making it attractive for many who are reviewing their loans to create a further property investment. By tapping into the equity in their property and taking out a lump sum they then have the deposit to invest in another property.
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