Added over 9 years ago

Is your mortgage getting too expensive?

Swapping one financial institution for another can be expensive and complicated, especially for property investors with mortgages. There are administrative costs involved in discharging a mortgage and some institutions charge exit fees. But not many investors realise that exit fees will be banned on new home loans taken out after July 1. Therefore, it may make sense for some Smart Investors to think about cheaper alternatives of funding for their property investment. ASIC has an online calculator to show mortgage holders whether switching is worthwhile 
http://www.asic.gov.au/fido/fido.nsf/byheadline/Mortgage+switching+calculator

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Posted by God at 10:46 pm 0 Comments

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