Home Loans 101

What is a comparison rate?

Sick of hearing about comparison rates whenever a home loan is mentioned? You shouldn’t be, because the comparison rate is extremely important.

By Alex Brewster ● September 09, 2019

How do construction loans work?

Building an entirely new home is confusing enough without having to think about how you’re going to pay for it.

By William Jolly ● September 09, 2019

What is the Household Expenditure Measure?

When you’re applying for a home loan, the fate of your application can heavily rest on one simple measurement tool, determining whether you land your dream home, or feel the soul-crushing pain of being rejected for a home loan.

By Emma Duffy ● August 28, 2019

What are the different types of home loans?

Finding the right home loan can be a lot like finding a romantic partner. There’s many to choose from, but few to match your needs. Some will reject you, some you’ll dump after a while and some you’ll be stuck with for over 20 years.

By William Jolly ● August 08, 2019

Should you take out a 40-year home loan?

If you’ve recently taken out a home loan with a 25 to 30-year term, paying it off may seem like an impossible task. Imagine then, tacking on an extra ten to fifteen years to the loan term.

By Emma Duffy ● July 11, 2019

Banks vs credit unions vs non-banks: what’s the difference?

Not all banks are created equal. There can be a distinct difference between banking with a big four behemoth like CommBank compared to, say, an online-only non-bank lender, or a not-for-profit community bank in a surfing village.

By William Jolly ● June 20, 2019

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