Your home is likely to be the biggest purchase of your life, and a home loan your biggest financial commitment. Choosing the right loan and repaying it quickly can save you thousands of dollars. It can also free you up faster to look at other goals in your life.
In this section, you'll find the following information:
Introduction
Where to start and the first things to think about.
How much can I borrow?
Knowing what size loan you can get determines the sort of home you can buy - and how quickly you'll be debt-free.
Types of mortgage
You need to choose between loans with fixed or floating interest rates, and between different ways of making repayment.
Special types of lending
Alongside the more popular lending types there are also some special types of lending for different situations and stages of life.
Where to get a mortgage
You can borrow from a bank or another type of lender, or get a broker to find a good deal for you.
Striking a deal
How to apply for a loan and negotiate the details.
Managing your mortgage
Some occasional fine-tuning or even switching to another lender could get you mortgage-free faster.