Maximising your mortgage: How can an offset account help?

10 Apr 2023

You’ve probably heard of an offset account and know that lots of people rave about it, but what exactly is a mortgage offset account, and how can it help you? Just like with any big decision, you should always think about your personal circumstances, but to help you out, let’s do a deep dive into the world of offset accounts.

What is a comparison rate?

26 Mar 2023

Anyone looking at taking out a loan will notice that there are two rates that appear – an interest rate and a comparison rate. While most people understand the purpose of the interest rate, it can be confusing to comprehend how it differs from the comparison rate. Let’s break it down to properly understand the difference.

Fixed vs variable home loans: How do they differ?

05 Feb 2023

One of the toughest decisions to make when you purchase a home is whether you’ll choose a fixed or variable rate for your loan. Before you make this choice, it can be helpful to understand how the two options differ and consider the factors that may influence your decision. Here are the key things you should know about a fixed home loan versus a variable home loan.

Benefits and drawbacks of fixed and variable home loans

31 Jan 2023

When it comes to choosing between a fixed rate versus a variable rate for your home loan, it’s a good idea to factor in the benefits and drawbacks of each. Just like with anything, there are positives and negatives to both, so in order to make a well-thought out, balanced decision, you need to take both sides of the argument into consideration.