How does interest rate affect your mortgage? Many Australians are excited by the latest rate cut; they are saving an average of $625 PA on a $250,000 loan. What is the effect of this rate cut on your Home Loan? Does it mean that you can now pay your home loan faster.
Posted: 2011-11-16
Category: Mortgages
How much is your interest rate 99% of the population have been taught that the lower the rate is the more you can save. I’ll show you in this article that there are more important factors to a home loan than just interest rate.