Does your home loan have a redraw facility?
A redraw facility lets you make additional repayments to reduce your variable rate home loan balance and save on interest. If you pay more than your minimum scheduled repayments, then you’ll have money available to redraw from your home loan.
For more information, click the 'read full article' button below.
If your current home loan doesn't have this feature, but you are interested in having it, give us a call on 03 9753 5208 to discuss your refinancing options.
Nathan from Homefree Mortgages was highly recommended by a good friend 3 months ago, now we can understand why!
They made the whole process of buying our first home a lot easier than we expected it to be.
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