If you’re shopping around for a new home loan, you need to think about what you want from it.
Do you just want a better rate?
Do you want more features and flexibility?
What features do you want and are you OK if it costs you more to have them?
Do you want to consolidate debt?
Are you looking for an option with lower fees?
It makes good sense to review your home loan every few years, especially now with rates at an all-time low.
But don’t just go shopping for the lowest rate. They may cost you more in the long run if you lose the ability to make additional repayments or if your fees increase.
It’s important to look at the whole picture and to talk to someone who can help you navigate through the sea of jargon and marketing material.
Give me a call if you want to discuss your options – without the jargon or marketing spiel!
I’m always happy to help you save money on your home or investment loan!