Brisbane Home Loan | Guides and Options
Do you want to buy a home, renovate, invest or refinance? You may be tossing between a 7.24% Variable rate or a 5.69% Fixed rate, but which one is better suited for you? Well folks, we have the home loan guides and options to help you get the right mortgage loan.
We can assist you with making informed comparisons that will work best for your income levels, objectives and personal circumstances. If you feel ready for an obligation-free chat, call us to discuss your options. It won’t cost you a thing.
Home loan guides for the Brisbane area
Is it possible to own your own home in Brisbane sooner? Yes, here’s how.
Home loan debt without guidance on how to pay it out quickly can turn into a royal pain in the you know what! Finding the best loan for whatever you need it for is only part of the puzzle. The key? A home loan with a smart financial plan on how to pay it off in record time.
And no, it is not simply about making extra payments towards the mortgage, Blind Charlie can give you that strategy. Home loan debt-elimination is based on a calculated use of strategies relevant to your own personal circumstances. This is why assessing all available options of the loan is key.
Home loan options
Your mortgage may well be your largest debt. This means the loan is going to take the longest to pay off, it more than likely feels like quite a burden at times, and without doubt it would be one of your biggest concerns if something was to prevent you earning an income (illness, injury, redundancy etc).
When considering a home loan, the most common comparison made are interest rates and fees charged. There are plenty of options and so it is worthwhile taking a look at the features of each loan, to see if it meets your specific needs. In Brisbane, there are also financial help and concessions to buying and owning a home for Queenslanders. So it pays to carefully consider your financial circumstances to determine the best home loan suitable for you.
Do you need a home loan offset account, split loan, portable loan, make additional repayments or top-up? These are big decisions which can have a major impact on how to reduce your fees, interest and stress. Smart home loan advice is necessary for success.
Achieve financial freedom
Paying off the home loan to become debt free is a major piece of the Financial Freedom puzzle. So, it is extremely important that you get this bit of your financial life right. It is amazing how many people agree with these comments, yet do very little to make sure they have an appropriate plan or a clear strategy on how to pay off the home loan. What would it mean to you to have your mortgage paid off 5, 10 or even 15 years earlier?
A home loan is a major financial commitment most of us will ever make. So it is no surprise that the potential savings from adopting a smart home loan strategy can also be remarkable.
Refinance – Do’s and Don’ts
Changing banks just to get a cheaper interest rate can sometimes result in having the same dog with different fleas! We need to aim for something a little better than that! If it has been over a year since your current mortgage started and you think you have 20% or more equity in your home, then there could be a number of strategies available to you to get your home paid off sooner.
Don’t just refinance to get a cheaper rate, get advice on the strategies that are available to you to really get your home paid off sooner – and THEN you will save some serious money!!!
If your interest rate is 4.5% on a $300,000 loan over 30 years, every year that you don’t have to pay your home loan is $18,348 in after tax dollars that you can do something else with. Imagine what you can do with that! The reality is though that most people can save several years off their home loan once they are shown how – and that DOES get very exciting!!
Brisbane based home loan financial advisor
So, if you are one little bit interested in how to save years off your home loan, looking for a mortgage broker in Brisbane north or Brisbane south areas. For an obligation-free chat, get in touch to see how we can help you with our mortgage debt elimination strategies, home loan guides and advice by giving us a call on (07) 3162 1449 or filling out the enquiry call back form here.