General advice and tips if you are buying your first house including Home Loan comparison specifically for first home buyers. Doing your homework now will help smooth the process of buying your first home, and lessen the stress when settlement day rolls around.
Home Loans for First Home Buyers
August 29th, 2014
When it comes to getting a deposit together for that first home, it makes good financial sense to aim for an 80% or lower LVR (loan to value ratio). Why? Because it can save you around $25,000 over the life of a typical $350,000 home loan; that includes avoiding the cost of Lender’s Mortgage Insurance, which can be well over $10,000. If you can’...read more
First home buyers who can successfully appeal to “the Bank of Mum and Dad” could save almost $15,000 in intere...read more