Search found 3 matches

by
Tue Mar 19, 2019 7:05 pm
Forum: Home Loan Forum
Topic: I’ll be retiring at 65, what are my home loan options?
Replies: 5
Views: 11336

Re: I’ll be retiring at 65, what are my home loan options?

Oh yeah, that makes more sense.
If I were to shorten the home loan term to 15 years instead of the usual 30 years, would that make more sense?
by
Tue Mar 19, 2019 2:03 pm
Forum: Home Loan Forum
Topic: I’ll be retiring at 65, what are my home loan options?
Replies: 5
Views: 11336

Re: I’ll be retiring at 65, what are my home loan options?

I’ve heard this term being bandied about. What exactly does an exit strategy have to do with my home loan?
by
Tue Mar 19, 2019 11:37 am
Forum: Home Loan Forum
Topic: I’ll be retiring at 65, what are my home loan options?
Replies: 5
Views: 11336

I’ll be retiring at 65, what are my home loan options?

Hi, I’m 55 years old working in a mid-level management position with a construction company. I earn about 90k p.a. I have bank savings of about 40k and another 160k in my super. It seems different banks have different policies for aged borrowers nearing retirement.
I’ll be retiring at 65 so what are my home loan options?