Switching a home loan from one lender to another is more complex than switching between suppliers of many other products and services.
There are over 100 home loan lenders in Australia offering a combined total of nearly 4,000 different home loan products.
The difference in prices paid for new and existing home loans demonstrates that many borrowers could achieve significant savings by switching lenders or negotiating with their existing lender to receive an interest rate similar to that on offer for new loans.
The MoneySmart mortgage calculator is a useful tool to compare home loans and get the best deal.
Buying a house is a big commitment. Find out how to compare home loans and get the best deal, and what questions to ask your lender or broker.
Follow MoneySmart's steps to smooth your way through the home-buying process and get ahead on your home loan.
Buying your first home can be a daunting task. It will likely be one of the biggest decisions and commitments you will make. Home loans come with different options and features. MoneySmart looks at how to compare home loans and get the best deal
Individuals can sometimes find themselves in situations where they are unable to meet their repayment requirements under a credit facility and experience financial difficulty. The Australian Financial Complaints Authority (AFCA) has put together a guide to help people facing financial difficulty
If you feel that your lender has breached a law or duty, didn't tell you about a fee or misrepresented an interest rate, The Australian Financial Complaints Authority (AFCA) can independently assist you to make and resolve complaints about financial firms.
Copyright © 2021