The amount you can borrow depends on:
- Income and Expenses: Your income minus monthly expenses and existing liabilities.
- Credit History: A good credit score increases borrowing power.
- Loan-to-Value Ratio (LVR): Borrowing more than 80% of the property value may require Lenders Mortgage Insurance (LMI).
Contact us to estimate your borrowing capacity.

You can calculate your repayments based on:
- Loan amount.
- Loan term (e.g., 25 or 30 years).
- Interest rate (fixed or variable).
Contact us to get an estimate of your monthly repayments.

In addition to the deposit, you should budget for:
- Stamp Duty (varies by state/region).
- Lenders Mortgage Insurance (LMI) if borrowing over 80% LVR.
- Legal Fees for conveyancing and contracts.
- Inspection Fees (building and pest inspections).
- Government Fees (title transfer and mortgage registration).

Yes, but it depends on the loan type:
- Variable Loans: Usually allow extra repayments with no penalty.
- Fixed Loans: May incur break fees if you pay off the loan early or refinance.
Always check your loan terms to understand any penalties or conditions.

A redraw facility lets you access extra repayments you've made on your home loan.
- It can be used for emergencies, renovations, or investments.
- Some loans may limit redraw amounts or charge fees for using the facility.

Pre-approval is an indication from the lender that you qualify for a loan up to a specific amount. It is not a guarantee of final approval.
Benefits of pre-approval:
- Helps set a clear budget when house-hunting.
- Shows sellers you’re serious about buying.

Debt consolidation combines your debts (e.g., credit cards, personal loans) into your home loan.
Pros:
- Lower interest rates compared to credit cards or personal loans.
- Easier to manage a single repayment.
Cons:
- Extending the repayment term may result in paying more interest over time.

Equity = Current Property Value - Remaining Loan Balance.
You can access equity to:
- Renovate your home.
- Invest in property or shares.
- Consolidate debts.
- Fund large purchases (e.g., car or education).
This typically involves refinancing or applying for a line of credit.

A higher credit score:
- Increases your chances of loan approval.
- Helps secure lower interest rates and better loan terms.
If your credit score is low:
- Focus on reducing debts, paying bills on time, and avoiding new credit applications.

- Offset Account: A transaction account linked to your loan. The balance offsets your loan principal, reducing interest.
- Redraw Facility: Allows access to extra repayments made on your loan.
Both features help save interest but offer slightly different functionalities.

Refinancing can be beneficial if:
- Interest rates have dropped.
- You want to switch to a loan with better features (e.g., offset, redraw).
- You need to consolidate debts or access equity.
Always consider any refinancing costs, such as break fees or legal charges.

An interest-only loan means you pay only the interest for a specific term (e.g., 5 years).
- Suitable for investors looking to maximize cash flow.
- After the interest-only period, repayments increase as principal repayments start.

To improve your chances of approval:
- Organize financial documents (payslips, bank statements, tax returns).
- Reduce debts and credit card limits.
- Save for a sufficient deposit.
- Avoid new credit applications before applying for a loan.

Yes, but switching from a fixed rate may incur break fees. These fees compensate the lender for financial losses. Always check with your lender before making changes.