Tom S. Kingsgrove, NSW 3 Likes 0 Followers I often see banks and car loan providers advertising their comparison rates. What exactly is a comparison rate and is it the best way to compare mortgages and loans? 8 years ago
Anthony W. Argyle, NSW 3 Likes 1 Followers My financial institution has been in touch to notify me that the fixed half of my home loan will soon expire (the other half is variable) and that I have the choice of reverting to their variable rate of 5.26% (comparison rate) or extend for a further 36 months @ 4.29% (comparison). They also offer 1 year fixed - 4.34%; 2 yrs - 4.31%; and 5 years - 4.54%. What do you advise? 8 years ago
Lindsey R. Ryde, NSW 2 Likes 0 Followers We have just been notified our lender has increased the interest rate on our home loan by 0.10%. Before we call them I am interested to find out if other lenders doing the same and if so, why? 8 years ago
Timothy S. Thornleigh, NSW 3 Likes 0 Followers I bought a seccond hand car one month ago and had it inspected by a mechanic, unfortunately I've had significant engine problems with it. Do i have a valid claim against the mechanic? 8 years ago
Sheridan W. Riverview, NSW 2 Likes 0 Followers I am looking at buying my first car. Buying it privately seems so much cheaper. Are there more risks involved in buying a car privately? 8 years ago
Jack W. Black River, QLD 3 Likes 0 Followers I am 20 years old and am currently in my final year at university. I work 20 hours a week at a retailer and am looking to purchase a car for approximately $8000 and need to borrow $6000. Am I able to obtain a loan whilst still at uni? 8 years ago
Alex T. Oakleigh South, VIC 2 Likes 0 Followers Our home loan was fixed for 3 years and we have 12 months to go. I called our bank to check in on their current fixed rate options and they offered a lower fixed rate for another 3 years but they want to charge us a penalty for breaking our fixed rate loan. Is this normal process? 8 years ago
Andrew B. Leichhardt, NSW 3 Likes 0 Followers We had home was valued last week and the valuer was in the house for no more than a couple of minutes. The broker said the lender arranged the valuation but how do we know they get it right when they pretty much walked in and walked out? 8 years ago
Steve W. Riverview, NSW 5 Likes 1 Followers Why is it that I could get about a 0.50% lower rate on my home loan with my bank if I was a new customer? Shouldn't existing customers be getting a lower rate for loyalty? Is this just happening at my bank or with other banks as well? Seems unfair! 8 years ago
Chris C. Kings Park, NSW 3 Likes 0 Followers We have found a house we want to make an offer and we have saved the 10% deposit. I have just started a new job and still on probation for another month, will this have any impact on us obtaining a loan? 8 years ago
Forbes P. Cleveland, QLD 19 Likes 4 Followers My bank said they are increasing their fixed rates. Should I lock in now or are there other lenders who will not be raising fixed rates that i should approach? 8 years ago
Habib Bulut Finance Broker Sunshine North, VIC 4 Likes 2 Followers My parents have a defaults and they want to guarantor for me. I qualify for FHOG. My deposit coming from my parents. I earn $1700 p/f before tax. I have a car loan but this is for my dad. Bought 3yrs ago $20k now owing $15k. Can I get a homeloan? 8 years ago
Michael F. Parkdale, VIC 15 Likes 0 Followers I have just started investing in Acorns. ($2,000 + $25 per month + rounding up of my purchases) Is this a good investment or do think I am wasting my time & money? 8 years ago
Liz G. Burwood, NSW 4 Likes 0 Followers My husband is looking to purchase a new car for our business and when he asked the finance person at the car yard about their rates, they only wanted to tell him the monthly payment. Is there a way we can calculate what the interest rate is? 8 years ago
Drew S. Cumberland Park, SA 6 Likes 0 Followers We are looking at a new loan and want to know what the difference is between redraw and offset account. Does interest rate change if we did have the offset? 8 years ago
Daniel O. East Ryde, NSW 4 Likes 0 Followers There's so many brokers. Do they all have access to the same bank deals? And when I get my loan, will my broker proactively identify when I should refinance - or do I need to do this investigation myself every year? 8 years ago
Frances P. Drummoyne, NSW 4 Likes 0 Followers We are looking to buy a new home and would prefer to buy before we put our own home on the market. Is that possible, can you still obtain bridging loans and what are the issues we need to be considering before we start looking? 8 years ago
Michelle S. Sydney, NSW 18 Likes 10 Followers We have recently taken out a mortgage but have had to go with a loan that has a higher than average interest rate because of a small issue on my husbands credit file. Assuming we make payments early, how long until we can refinance at a lower rate? 8 years ago
Tom H. Glen Alpine, NSW 16 Likes 2 Followers When we got our home loan early this year the rate was 4.22% and since then the RBA has cut rates twice but when I looked at our rate online it is showing 4.02%. Should we have received more than 0.2% rate drop? 8 years ago
David P. Springvale, VIC 7 Likes 0 Followers Our house is at the front of a 1200 square metre block and we are thinking of building a granny flat out the back to rent out and obtain additional income. Apart from obtaining council approval and building quotes, is there anything we need to be aware from a finance perspective? 8 years ago
