Have You Arranged Your Finance?
You don't need to wait until you've found a property before you arrange finance. It's a good idea to find out first how much you can borrow - that way you know what price bracket to start looking in and what level of repayments you're comfortable with.
However, the problem that most people face today is "...which home loan is the right one for me?" There are so many options when it come to banks, products, rates, terms, and fees. With the purchase of such a large investment, you need to be confident that you have made the right financial choice.
A loan calculator enables you to easily determine fortnightly or monthly repayments by entering the amount you wish to borrow, your deposit, preferred interest rate, and term of the loan. Please click here to use the Mortgage Express loan repayment calculator.
In some states of Australia, you can be responsible for the insurance cover of the property you are buying from the first business day after the contract has been signed. Harcourts can arrange a 30 day temporary cover to provide you with immediate, temporary insurance cover and peace of mind. This service is complimentary and can save you hours spent researching the many providers on the market. Your Harcourts consultant can provide you with more information.