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 Financial Happenings Blog 
Monday, April 29 2013
Paying more than the minimum on your mortgage from the first year saves interest for the life of the loan - much like nstarting a regular saving or investing program.

Scott Francis in his latest Eureka Report article - Advancing your home loan - takes you through 3 key benefits to be gained from paying more down on your home loan

  • You reduce the amount of your loan by the extra repayment.
  • Every future repayment becomes more effective.
  • You reduce the overall riskiness of your financial position by being ahead in your loan repayments.
Take a look at Scott's article for more details.  Well worth a read.

Posted by: AT 07:58 pm   |  Permalink   |  Email
Wednesday, December 29 2010
Earlier this month ASIC launched an online calculator to assist mortgage holders work out whether it is in their interest to switch loans - Mortgage Switch Calculator

ASIC also suggest 4 steps to switching a home loan on their website - Switching Home Loans

Both resources are well worth a look for those considering moving to a new provider.

Regards,
Scott Keefer
Posted by: AT 08:12 am   |  Permalink   |  Email
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Scott Francis' articles in the Eureka Report 
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