Do you need to know learn how to cut back the rate of interest in your present mortgage or residence mortgage?
This video will present you the various factors that impact the rate of interest in your mortgage.
The fundamental components embody:
1. Loan Purpose. Investment vs. Owner Occupied
2. Loan Repayments. Principle & Interest (P&I) vs. Interest Only
3. Loan to Valuation Ration (LVR)
4. Loan Amount
5. Interest Rate Type. Variable vs. Fixed Rate
For extra details about what to do earlier than making use of for a house mortgage, please see: https://www.onesite.com.au/home-loan-guide/
Otherwise, name us on 1300 728 196 and we’ll reply your questions