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Smart Money Online Library of Articles and Advice
Library of Articles & Advice

Library of Articles & Advice

Mortgage, home loan and financing resources and articles to take the guess work out of selecting the right home loan. Please feel free to read and preview all the mortgage and loan articles on this website.

Getting a good mortgage rate begins with doing your homework. It’s important to be aware of what lenders looks at when considering whether or not to give you a mortgage loan.

Mortgage insurance sounds like such a great idea - until you learn it's there to protect the lender and not you. All of a sudden it becomes another huge, unnecessary fee you have to pay out for no return.

Mortgage calculators can remove much of the guess-work of applying for a mortgage. Playing around with your numbers on our calculators will help you gain an idea of how much you could borrow.

After searching the internet for the best home loans available, it’s only natural to assume that you may also want to work with an online mortgage broker. Online mortgage brokers offer a wide range of benefits and can help you save time and money, and not to mention gas.

If you want to get the lowest home loan rates in Australia, you’ll need to be a comparison shopper extraordinaire! Ironically, in order to be an extraordinary comparison shopper means you’ll need to institute some fairly simple methods to get the rate that is right for you.

Timing is everything and regardless to what you see on the news or read about the housing market, deciding when to purchase a home is a personal decision that is based on many factors.

Your current home loan might have been a great deal when you first got it, but banks are competitive, rates change and lending products evolve. Your home loan simply might not be working as hard for you as it could be. Even worse, your home loan could be costing you money.

Purchasing a home can be a tedious task and the process can be made even more difficult if you lack the required documentation that is required to get a traditional home loan.

There are few things that are more exciting than purchasing a new home. The prospect of becoming a home owner is a proud moment and often signals a new beginning in the lives of the home owners, but before securing a home loan, there are some important facts that prospective borrowers should know.

Navigating the home buying process can be mind boggling, which is where your mortgage lenders help comes into play. Your mortgage lender should be able to field your questions and to help put your mind at ease.

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How much can I borrow?

Find out how much you can borrow based on your current salary and existing financial commitments.

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What will my repayments be?

Work out what your minimum weekly, fortnightly or monthly loan repayments would be.

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What if I make extra repayments?

You may be able to save years and thousands off your loan by increasing your monthly repayment.

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What about Stamp Duty?

When you purchase a new property you will have to pay Stamp Duty which varies from state to state.

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