For most people a home loan is a major financial commitment. So obviously, it's important to ensure you choose the right loan to suit your long-term goals. However, because your requirements may change over time, it's important to find a loan with the flexibility to change with you, both now and in the future.
That's why, when choosing the ideal home loan for you, you should consider the following questions:
What are your home loan priorities?
A fixed or variable interest rate?
- Do you want to know for certain what your repayments will be over the next few years or are you more flexible?
- Would you prefer a combination of both?
- Do you want the option to make additional repayments without penalty?
- Do you want competitive interest rates with minimal fees and charges?
Flexibility
- Do you require a 100% offset facility so any savings you have can be used to reduce your home loan interest payments?
- Would you like to redraw available funds free of charge at any time?
- Do you need the ability to increase or change your loan in the future?
- When you move again, do you want to take your loan with you?
Accessing your home loan
- Do you require internet and phone access for enquiries and transactions on your home loan?
If you've answered 'yes' to some or all of these questions, you'll find there's a home loan that's right for you in the range of Loan Types available through CENTURY 21 Home Loans.
Click here to learn more about the purchase process.