Whether you are unaware of what an offset account is, or you already have one but aren't using it to its full advantage, this article is definitely worth a read!
If you think an offset loan could be the perfect option for you, be sure to give us a call on 03 9753 5208 to discuss your options for a refinance or new purchase.
Scenario 2 – Principal & Interest Home Loan You now have your new home loan of $400,000 over 30 years on Principal & Interest repayments.
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If you pay more than your minimum scheduled repayments, then you’ll have money available to redraw from your home loan.
You can convert everything you see to a format you find convenient. Give it a try!