When you take out a mortgage, you will choose a variable, fixed or split interest rate. We’ll look at the pros and cons of a variable rate home loan. A variable home loan is a loan in which the interest rate varies over time. It can go up or down depending on the market and the RBAs official cash rate. Potential advantages: - Flexible loan features - Interest rate cuts - Ease of switching loans Potential disadvantages: - Interest rate rises - Budgeting challenges When deciding if a variable rate mortgage is right for you, consider your financial situation and personal attitudes. Get in touch with us today for help working out the right loan structure for your unique situation and goals. #bricksandmortgage #firsthome #financialwellness #financialfreedom #outsource #worksmart #trustedadviser #refinance #parramatta #parramattamums #finance #parramattariver
Bricks and Mortgage Pty Ltd’s Post
More Relevant Posts
-
If you're still renting, you've probably got at least one well-meaning Uncle who asks you "Why pay back someone else's mortgage when you can pay back your own?" We hate to say it, but they're onto something. They're alluding to the fact that buying a house, and making your home loan repayments, builds equity. Equity is the difference between the value of your property, and the size of your mortgage. It increases as you pay back your loan, and as property prices increase. And this is why buying makes so much more sense to us than renting: because your home loan repayments build your equity - not someone else's.⠀ #bricksandmortgage #firsthome #financialwellness #financialfreedom #outsource #worksmart #trustedadviser #refinance #parramatta #parramattamums #finance #parramattariver
To view or add a comment, sign in
-
When you take out a mortgage, you will choose a variable, fixed or split interest rate. We’ll look at the pros and cons of a variable rate home loan. A variable home loan is a loan in which the interest rate varies over time. It can go up or down depending on the market and the RBAs official cash rate. Potential advantages: - Flexible loan features - Interest rate cuts - Ease of switching loans Potential disadvantages: - Interest rate rises - Budgeting challenges When deciding if a variable rate mortgage is right for you, consider your financial situation and personal attitudes. Get in touch with us today for help working out the right loan structure for your unique situation and goals. #esteemedfinancialservices #esteemedfinancial #perth #perthisok #perthhomes #perthrealestate #perthprofessionals #subiaco
To view or add a comment, sign in
-
When you take out a mortgage, you will choose a variable, fixed or split interest rate. We’ll look at the pros and cons of a variable rate home loan. A variable home loan is a loan in which the interest rate varies over time. It can go up or down depending on the market and the RBAs official cash rate. Potential advantages: - Flexible loan features - Interest rate cuts - Ease of switching loans Potential disadvantages: - Interest rate rises - Budgeting challenges When deciding if a variable rate mortgage is right for you, consider your financial situation and personal attitudes. Get in touch with us today for help working out the right loan structure for your unique situation and goals. Book a chat today: https://bit.ly/42vYv1j #lisabridgett #savvyfinancegroup #bankonabroker #financeexpert #sydneyproperty #mortgage #mortgagebroker #homeloans #finance
To view or add a comment, sign in
-
When you take out a mortgage, you will choose a variable, fixed or split interest rate. We’ll look at the pros and cons of a variable rate home loan. A variable home loan is a loan in which the interest rate varies over time. It can go up or down depending on the market and the RBAs official cash rate. Potential advantages: - Flexible loan features - Interest rate cuts - Ease of switching loans Potential disadvantages: - Interest rate rises - Budgeting challenges When deciding if a variable rate mortgage is right for you, consider your financial situation and personal attitudes. Get in touch with us today for help working out the right loan structure for your unique situation and goals. 📱0447 444 441 #choiceloans #customerservice #homesweethome #australianproperty #realestateau #melbournehomes #melbournerealestate
To view or add a comment, sign in
-
When you take out a mortgage, you will choose a variable, fixed or split interest rate. We’ll look at the pros and cons of a variable rate home loan. A variable home loan is a loan in which the interest rate varies over time. It can go up or down depending on the market and the RBAs official cash rate. Potential advantages: - Flexible loan features - Interest rate cuts - Ease of switching loans Potential disadvantages: - Interest rate rises - Budgeting challenges When deciding if a variable rate mortgage is right for you, consider your financial situation and personal attitudes. Get in touch with us today for help working out the right loan structure for your unique situation and goals. #princecapital #sydney #finance #sydneybusiness #sydneyrealestate
To view or add a comment, sign in
-
😮 Can you really save on your mortgage by paying fortnightly? 😮 Here's an idea that could help you get ahead on your variable-rate home loan... 💡 Halve your monthly repayment, and then pay that amount into your home loan each fortnight. Before you know it you'll be ahead on your repayments. 🤓 That's because there are 26 fortnights in a year, so you’ll make the equivalent of 13 monthly repayments instead of 12. So just how much could you potentially save by using this tactic? Well, Canstar crunched the numbers and found you could save over $200,000 in interest on a $600,000 loan (at a 6.88% interest rate) over 30 years. Call us today to find out how much you could potentially save by making fortnightly payments. 👇 To find out more, DM us or contact Xperion Finance on: ☎ – 07 3608 4174 💻 – [email protected] #xperionfinance #brokersworkforyou #localmortgagebroker #homeowner #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #brisbane #brisbaneproperty #brisbanerealestate #brisbanemortgagebroker #brisbanefinance #brisbanebroker #brisbaneloans #brisbanelocal #qld #qldbroker #qldproperty #qldrealestate
To view or add a comment, sign in
-
😮 Can you really save on your mortgage by paying fortnightly? 😮 Here's an idea that could help you get ahead on your variable-rate home loan... 💡 Halve your monthly repayment, and then pay that amount into your home loan each fortnight. Before you know it you'll be ahead on your repayments. 🤓 That's because there are 26 fortnights in a year, so you’ll make the equivalent of 13 monthly repayments instead of 12. So just how much could you potentially save by using this tactic? Well, Canstar crunched the numbers and found you could save over $200,000 in interest on a $600,000 loan (at a 6.88% interest rate) over 30 years. Call us today to find out how much you could potentially save by making fortnightly payments. 👇 To find out more, contact Mario at Digilend on: ☎ – 1300 344 453 💻 – [email protected] #digilend #homeloanexpertsonline #southport #goldcoast #robina #southportproperty #goldcoastproperty #southportre #goldcoastre #southportmortgagebroker #goldcoastmortgagebroker #firsthomebuyers #investmentloans #mortgagebroker #property #refinancing #finance #realestate
To view or add a comment, sign in
-
When you take out a mortgage, you will choose a variable, fixed or split interest rate. We’ll look at the pros and cons of a variable rate home loan. A variable home loan is a loan in which the interest rate varies over time. It can go up or down depending on the market and the RBAs official cash rate. Potential advantages: - Flexible loan features - Interest rate cuts - Ease of switching loans Potential disadvantages: - Interest rate rises - Budgeting challenges When deciding if a variable rate mortgage is right for you, consider your financial situation and personal attitudes. Get in touch with us today for help working out the right loan structure for your unique situation and goals. #mymortgageadvantage #mymortgageadvantage #centralcoastnsw #firsthomebuyer #centralcoastproperty #sydneymortgagebroker #newcastlebroker #newcastlensw #sydneyproperty #sydneyhomes #moneymindset #financialfreedom #moneytips #budgeting #australianhomes #sydneyrealestate #iloverealestate #property #investing #coastallifestyle #australianhomes #sydneyagent #sydneyauctions #homebuyer #propertyinvestor #newcastlesmallbusiness #carfinance #sydneysmallbusiness
To view or add a comment, sign in
-
😮 Can you really save on your mortgage by paying fortnightly? 😮 Here's an idea that could help you get ahead on your variable-rate home loan... 💡 Halve your monthly repayment, and then pay that amount into your home loan each fortnight. Before you know it you'll be ahead on your repayments. 🤓 That's because there are 26 fortnights in a year, so you’ll make the equivalent of 13 monthly repayments instead of 12. So just how much could you potentially save by using this tactic? Well, Canstar crunched the numbers and found you could save over $200,000 in interest on a $600,000 loan (at a 6.88% interest rate) over 30 years. Call us today to find out how much you could potentially save by making fortnightly payments. 👇 To find out more, DM us or contact Rannar Loans on: ☎ – 0479 181 437 💻 – [email protected] #rannarloans #localmortgagebroker #homeowner #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #brisbane #brisbaneproperty #brisbanerealestate #brisbanemortgagebroker #brisbanefinance #brisbanebroker #brisbaneloans #brisbanelocal #qld #qldproperty #qldrealestate
To view or add a comment, sign in
-
When you take out a mortgage, you will choose a variable, fixed or split interest rate. We’ll look at the pros and cons of a variable rate home loan. A variable home loan is a loan in which the interest rate varies over time. It can go up or down depending on the market and the RBAs official cash rate. Potential advantages: - Flexible loan features - Interest rate cuts - Ease of switching loans Potential disadvantages: - Interest rate rises - Budgeting challenges When deciding if a variable rate mortgage is right for you, consider your financial situation and personal attitudes. Get in touch with us today for help working out the right loan structure for your unique situation and goals. #turnkeyfinance #tkf #sydneyhomes #sydneyproperty #sydneyrealestate #cronulla
To view or add a comment, sign in
68 followers