A low comparison rate is generally good.
But a high comparison rate does not mean it’s bad, it just means you need to look into it a bit more. It can in fact be better than a loan with a lower comparison rate, if you know how to use the loan facility to your advantage.
Tag Archives: First home buyer
Does a dog impact your home loan borrowing power?
Thinking of getting yourself a cute little puppy?
Think again! It may reduce the loan amount you can get to buy your first home 🙁
FREE Home Buying Program & Money Saving Program
Not sure how to save 5%-15% deposit for a home? We have launched a FREE home buying program that will help Sydney wannabe home owners save money and get into a suitable home.
Our expert cheapskate lending specialist will reveal over 20 tricks to save money FAST.
Interest rates today are around 2% and the mortgage repayments are often lower than the rent for the same property.
Not to mention the property value goes UP over time, and the mortgage balance goes DOWN over the same period.
Get into the property ladder and build wealth over the next 10-20 years 🙂
Let’s get rich together!