What is Principal and Interest?

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Big bank home loan war as ANZ slashes fixed rates to 2.68%

Australia’s fourth largest lender, ANZ, has today slashed its fixed rate home loans by up to 0.86 per cent.

Feb 20, 2020( 3 min read )

Home Loans

Mortgage stress affecting a third of borrowing owner-occupiers

About one third of borrowing owner-occupier households are in mortgage stress.

Feb 20, 2020( 3 min read )

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The principal part of your loan refers to the actual amount that you have borrowed. Interest is then charged on this amount at the rate set by your lender – this is the interest portion of the loan.

What is Principal and Interest?

The latest in home loans news

Big bank home loan war as ANZ slashes fixed rates to 2.68%

Mortgage stress affecting a third of borrowing owner-occupiers

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