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Sale

What happens if I don’t know my monthly repayments?

Your repayments should appear on your bank statements or your internet banking. Some people make weekly or fortnightly repayments so if that’s you, make sure you convert them to monthly calculations.

Mark Bristow

Mark Bristow -

05 May, 2017 -

1 min read

Bank Accounts

How do I transfer money from Paypal to my bank account?

Transferring cash from Paypal into your bank account is simple��_if you have a Paypal account that is. Once you’re logged into your Paypal account, the account balance will appear on your home page. Below your balance are two options: Add money Withdraw money Choose option two if you want to transfer money from your Paypal … Continue reading "How do I transfer money from Paypal to my bank account?"

Nick Bendel

Nick Bendel -

30 Nov, 2017 -

1 min read

Sale

Are there any risks with changing to a smaller lender?

A smaller lender is almost any institution outside of the big four banks (ANZ, CBA, NAB and Westpac). These include credit unions and building societies and ‘non-bank’ lenders. These lenders must follow the National Consumer Credit Protection Act 2009, which ensures the lender properly assesses whether a potential customer can realistically repay a loan, and that a specific standard if information is made accessible to potential customers.

Mark Bristow

Mark Bristow -

05 May, 2017 -

1 min read

Sale

You’ve estimated the average person can save up to $39K*, how have you calculated this?

What we’ve done is work out how much you could save if you switched an average-sized mortgage from the average discounted variable rate offered by one of the Big 4 Banks to the lowest variable rate in our sale. We’ve then factored in the discharge fees, application fees and ongoing fees to work out the savings over a 15-year loan term. For more information, see our Assumptions.

RateCity

RateCity -

28 Apr, 2017 -

1 min read

Sale

How do I determine the value of my property?

Here we are asking you to estimate only. It’s often hard to get an accurate estimate of your property value. Some real estate websites such as Domain, Realestate.com.au and Onthehouse will give you an estimate, however be aware that a bank valuer might assume a lower estimate, so it can be a good idea to make your estimate slightly lower.

Mark Bristow

Mark Bristow -

05 May, 2017 -

1 min read

Sale

Who are the lenders?

All the lenders participating in the Switch & Save Sale are regulated by either the Australian Prudential Regulation Authority (APRA) or the Australian Securities and Investments Commission (ASIC)...

Mark Bristow

Mark Bristow -

04 May, 2017 -

3 min read

Sale

What is the Switch & Save Sale?

The Switch & Save Sale is Australia’s first industry home loan sale.

RateCity

RateCity -

28 Apr, 2017 -

1 min read