Work out how much ‘cash’ you need each pay period ($A).
Get your payroll department to deposit $A into your bank account and the balance into your Home Loan.
Pay as many bills as possible by credit card.
Redraw from your loan to pay your credit card and other bills as required.

There are so many things in life to think about these days! Insurance is so important for peace of mind, however it is not always top of mind.

At least one month before you move

A negatively geared investment property is one where the cost to own and maintain it (loan interest, council rates, maintenance etc) are higher than the rent received. The net outgoings create a loss that is usually an allowable tax deduction.

This is a question asked by many expectant mothers, so we have some great tips to help you through this challenging financial period

To enable us to identify the most appropriate product for your situation it is important to understand your financial situation and therefore the finance structuring requirements.

LMI is a one-off, upfront insurance premium that is generally payable when you borrow more than 80% of the property value. It does not protect you as a borrower. It protects the lender in the event that you default on the loan, and they have a shortfall in funds after selling the property.

Off the Plan property is a property that has not yet been fully constructed. Some developers offer the chance for buyers / property investors to purchase a property before work has started.

Finding a property can be a challenge, especially when you have so many different considerations to take into account. Give yourself a head start through determining your ‘must have’ features compared to those you could possibly live without.

How much can I borrow?
There are three main considerations that must be taken into account when you are looking to borrow money for a home purchase, and they are: