Home Loans 101

What is a line of credit home loan?

What if your home loan also came with a credit card? Well in some cases they sort of do, as that’s basically what a line of credit is.

By William Jolly ● September 16, 2019

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

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

Let us come to you.
Get Savings in your inbox.

By subscribing you agree to the Savings Privacy Policy