Set a workable budget
A useful starting point considers the purchase price, deposit, transaction costs and the repayment level that fits comfortably with the rest of your life.
Compare more than the rate
Loan features, fees, flexibility and assessment policy can change which option is suitable. The lowest advertised rate is not the full picture.
Prepare the application early
Clear information about income, expenses, savings and existing commitments helps reduce avoidable delays when the right property appears.
Review the loan as life changes
A loan that suited the original purchase may need another look after a change in income, family, property plans or interest rates.
This article contains general information only. It does not take account of your objectives, financial situation or needs.