Search found 3 matches

by
Mon Sep 09, 2019 7:14 pm
Forum: Home Loan Forum
Topic: Redraw or Offset? Which one is better for a first home buyer?
Replies: 5
Views: 19022

Re: Redraw or Offset? Which one is better for a first home buyer?

Cool. So, looking at the current interest rate environment, what would be a better choice between a fixed or a variable rate home loan?
by
Mon Sep 09, 2019 3:46 pm
Forum: Home Loan Forum
Topic: Redraw or Offset? Which one is better for a first home buyer?
Replies: 5
Views: 19022

Re: Redraw or Offset? Which one is better for a first home buyer?

Which one would you suggest for me? And can I get a home loan with no redraw fees?
by
Mon Sep 09, 2019 12:26 pm
Forum: Home Loan Forum
Topic: Redraw or Offset? Which one is better for a first home buyer?
Replies: 5
Views: 19022

Redraw or Offset? Which one is better for a first home buyer?

Hi, a first home buyer looking to buy my first house in the spring. While online looking up information on home loans, most loans are advertising redraw and offset facilities. From what I understand they both work to reduce your interest. So, what’s the difference?
Which one is better/cheaper for a first home buyer?