Do you need a home loan health check?
21 August 2018
When was the last time you thought about your home loan interest rate?
It’s easy to have a set and forget mentality when it comes to your home loan, but you’d be surprised how much you can save just by making one simple change (and we don’t mean scrimping on the smashed avocado).
The most important thing to consider is whether your home loan is the right fit for your circumstances.
Home loans are not a one size fits all proposition so making sure you’ve got the right loan is essential.
Interest rates, fees and repayment frequency can all affect how much you end up paying. Even a small change to your regular repayment can quickly add up at the end of the year.
The good news is, our dedicated team of specialists can do the hard work for you. Can’t be bothered talking to the bank? Easy, we’ll take care of it for you (we live for that stuff).
To help put it into perspective, here are 5 other money saving strategies that aren’t as easy (and to be frank, way more time consuming):
1. Make your work lunches instead of buying them
2. Consider cutting back (or completely forgoing) the morning latte or Sunday smashed avo
3. Only eat out on weekly special nights (chicken parmi Wednesdays!)
4. Save on utility bills by turning appliances off at the power point
5. Put an egg timer in the bathroom and limit showers to 2 minutes
Fun, huh? Or you could continue to enjoy your morning coffee and let us do the home loan hard work for you.
The Shakespeare Leasing and Mortgage Solutions Director, Peter Elkerbout, and his incredible team are passionate about finding the perfect leasing and mortgage solutions for our clients.
If you’d like more information regarding a home loan health check, or any other leasing or mortgage related queries, contact Peter firstname.lastname@example.org / 08 9321 2111
General disclaimer: Our firm provides the information on this website for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles on this website are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose