Refinancing Cost Checklist
Refinancing Cost Checklist Refinancing Cost Checklist: Every Fee Involved in Switching Lenders Refinancing is worth doing when the saving beats the cost quickly enough. The difficulty is that the costs are scattered across three parties and none of them appear in a rate comparison. Use this list to total your own switching cost, then divide […]
NSW Stamp Duty Rates Table
NSW Stamp Duty Rates Table NSW Stamp Duty Rates Table: Current Brackets, First Home Buyer Thresholds and Premium Duty Transfer duty, still widely called stamp duty, is usually the largest single cost after the deposit. It is payable to Revenue NSW within three months of exchange. The rates below are the current published brackets. They […]
Mortgage Glossary for Australian Borrowers
Mortgage Glossary for Australian Borrowers Mortgage Glossary for Australian Borrowers: The Terms Lenders Use and What They Mean Lending has its own vocabulary, and most of it is never explained to borrowers. The terms below are the ones that actually change what you pay or what you qualify for. Where a term has a fuller […]
Home Loan Application Timeline
Home Loan Application Timeline Home Loan Application Timeline: What Happens Between Enquiry and Settlement Most delays in a home loan are predictable. They happen at the same four points every time, and all four can be shortened by preparation rather than by chasing. The timings below are typical rather than guaranteed. A complete application moves […]
Home Loan Documents Checklist Sydney
Home Loan Documents Checklist Sydney Home Loan Documents Checklist Sydney: Everything to Assemble Before You Apply An application that arrives complete is assessed faster and questioned less. One that arrives in pieces goes to the back of the queue every time a document is chased. Use this list to assemble everything before you apply rather […]
First Home Buyer Scheme Comparison NSW
First Home Buyer Scheme Comparison NSW First Home Buyer Scheme Comparison NSW: What Each Programme Does and How They Stack Four separate programmes help first home buyers in New South Wales. They are run by three different bodies and they are not alternatives, so several can apply to the same purchase. Each solves a different […]
Borrowing Capacity Factors Explained
Borrowing Capacity Factors Explained Borrowing Capacity Factors Explained: What Lenders Count, Shade and Ignore Borrowing capacity is not a percentage of your income. It is what remains after a lender has adjusted your income down, your expenses up, and tested the result at a rate higher than the one you will pay. Understanding which adjustments […]
