This question gets asked hundreds of times every day- Should I make my home loan repayments monthly or fortnightly? There are a few reasons to support paying monthly or fortnightly loan repayments. The whole mystery about loan repayments is explained clearly below. It may seem like magic but this trick, made famous by 1980's Money Guru Noel Whittaker is simply a way of making an make extra loan payments per year, without feeling the pain. By paying fortnightly or weekly rather than monthly, you can save thousands of dollars in interest costs. If you pay monthly you make 12 payments per...

Refinancing your Mortgage can  save you Money If you have a home loan just like 75% of Australians home owners have, you will have heard terms like Mortgage Refinance Home Loan Refinance Refinance Loan Refinance Home Loan Refinance Home Home Refinancing What all the terms using the word refinancing or refinance home loan means: Taking your existing Mortgage (Home Loan or Investment Loan) to another Mortgage Provider. So for example you might have Home loan mortgage with Commonwealth bank and you speak with a Loan Broker who suggests that the Mortgage Interest rate offered...

Debt Consolidation is where your debts like Credit Card debt, home loan debt, car loan debt and personal loan is brought together under one debt consolidation loan. So for example you could be paying 7% interest on your home loan mortgage and paying 11% interest on your car loan and paying 19% interest on your credit card balance outstanding. By refinancing with a debt consolidation loan you can end up having just one consolidated loan at 8% interest rate. This consolidated loan will save you a lot of money on interest, thereby enabling you to repay the loan off much quicker if you had not gone...

This question gets asked hundreds of times every day- Should I make my home loan repayments monthly or fortnightly? There are a few reasons to support paying monthly or fortnightly loan repayments. The whole mystery about loan repayments is explained clearly below. It may seem like magic but this trick, made famous by 1980's Money Guru Noel Whittaker is simply a way of making an make extra loan payments per year, without feeling the pain. By paying fortnightly or weekly rather than monthly, you can save thousands of dollars in interest costs. If you pay monthly you make 12 payments per...