Which Home Loan is Best For Me?
Home buyers are lucky these days. There is an endless amount of information out there about their home finance options.
One thing that can often be in short supply, however, is a good helping of context.
It’s all well and good to know that there are fixed loans and variable loans - but how do you know which is best for you?
What you need is an easy way to do a home loan comparison which lets you see quickly and simply how two loans stack up against each other.
What you need, in other words, is a loan calculator. This online tool makes it a breeze to compare different interest rates and terms in order to see how fees and interest charges will vary over the course of two loans.
And instead of just leaving you with a bunch of figures, it will show you graphically how much you will save over the term of your loan, comparatively.
That’s exactly the sort of information you need to make a more informed decision about which loan product is going to work for you.
To get more detailed information on your situation, talk to a Loan Market mortgage broker today.