Borrowing guide
Things to Consider
Today, there are more home loan products than ever before. While this gives you a great chance of finding a loan that’s perfect for you, it can be a confusing choice.
Below is a list of things to consider when you’re looking for a home loan. Use it as a starting point – then when you meet with your Aussie Mortgage Adviser, they’ll be happy to discuss your options and answer your enquiries.
- How much can I borrow?
- How much deposit do I need?
- How much would my repayments be?
- What government fees are payable?
- Am I eligible for the First Home Owners' Grant?
- How much can I get for my existing property?
- How much will I need for a property in the areas I am considering?
- What’s important for me in my home loan?
- How do I know which loans offer the right flexibility?
- What added features/flexibility do I need (e.g. redraw, extra repayments, switch to fix, etc)?
- Which loan is the most cost-effective for me?
- What documentation do I need when I apply?
|