Index Finance

✂️ Could you cut $280 off your monthly repayments? ✂️⁣ ⁣ After a string of cash rate hikes, research shows mortgage holders could be paying an interest rate of up to 7.11%, says RateCity.⁣ ⁣ But the average rate for new home loan borrowers is currently 6.3%. ⁣ ⁣ That's a pretty big difference. 😅⁣ ⁣ On a loan of $600,000, refinancing or renegotiating to a lower rate of 6.37% (and that's being conservative) could cut $280 off monthly repayments.⁣ ⁣ Call us today to find out if you could cut back your mortgage repayments by refinancing. 👇⁣ ⁣ To find out more, DM or contact Index Finance on: ☎️ – 08 9467 4188 💻 – admin@indexfinance.net.au #indexfinance #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #perth #perthfinance #perthmortgagebroker #perthhomeloans #perthrealestate #perthproperty #osbornepark #osborneparkproperty #osborneparkrealestate #westernaustralia #westernaustraliaproperty #westernaustraliarealestate #westernaustraliabroker #westernaustraliafinance #westernaustralialoans

🗞📰 𝗛𝗼𝘄 𝗹𝗼𝗻𝗴 𝗶𝘁 𝘁𝗮𝗸𝗲𝘀 𝘁𝗼 𝘀𝗮𝘃𝗲 𝗮 𝗱𝗲𝗽𝗼𝘀𝗶𝘁 (𝗮𝗻𝗱 𝗵𝗼𝘄 𝘁𝗼 𝗳𝗮𝘀𝘁-𝘁𝗿𝗮𝗰𝗸 𝗶𝘁) 📰🗞⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣ ⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣ They say patience is a virtue. But the narrator of the poem that coined that famous phrase was an idle vagabond – not exactly an aspiring homeowner. So, here are four impatient ways you could fast-track home ownership (all while keeping your virtue!). 😅⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣ ⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣ https://lnkd.in/gmCjVGC3

🤔 Should you go interest-only on your home loan? 🤔⁣ ⁣ Up to 1-in-5 home owners are switching to interest-only payments, according to Finder.⁣ ⁣ Going interest-only can lower your monthly repayments for a set period of time. ⁣ ⁣ But the short term gain can come with long term pain, including: ⁣ ⁣ 😐 the principal amount won't reduce during the interest-only period⁣ 😬 you'll likely face higher repayments once the interest-only period finishes⁣ 🙃 you'll probably have to pay a higher interest rate during the interest-only period⁣ 🤔 you'll possibly pay more interest over the life of the loan.⁣ ⁣ Still, if things are really tight right now, it can get you out of a pinch.⁣ ⁣ If you’ve been thinking of going interest-only, talk to us to explore all your options to help manage your mortgage. 👇⁣ ⁣ To find out more, DM or contact Index Finance on: ☎️ – 08 9467 4188 💻 – admin@indexfinance.net.au #indexfinance #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #perth #perthfinance #perthmortgagebroker #perthhomeloans #perthrealestate #perthproperty #osbornepark #osborneparkproperty #osborneparkrealestate #westernaustralia #westernaustraliaproperty #westernaustraliarealestate #westernaustraliabroker #westernaustraliafinance #westernaustralialoans

🥸 How old is 'too old' for a home loan? 🥸⁣ ⁣ From divorce to downsizing there can be many reasons why over-50s need a home loan.⁣ ⁣ Rest assured there's no definitive cut-off age, and lenders can’t discriminate based on a borrower’s age. 🙌⁣ ⁣ But if you’re aged 55-plus you might have to jump through a few more hoops.⁣ ⁣ Banks will want to see you have the income to manage a home loan. ✅⁣ ⁣ You may also need an exit strategy that shows how you’ll pay off the loan when you’re ready to hang up your work boots.⁣ ⁣ Talk to us to make the journey smoother.⁣ ⁣ We’ll help you find a loan that’s suited to your needs and life situation. 👇⁣ ⁣ To find out more, DM or contact Index Finance on: ☎️ – 08 9467 4188 💻 – admin@indexfinance.net.au #indexfinance #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #perth #perthfinance #perthmortgagebroker #perthhomeloans #perthrealestate #perthproperty #osbornepark #osborneparkproperty #osborneparkrealestate #westernaustralia #westernaustraliaproperty #westernaustraliarealestate #westernaustraliabroker #westernaustraliafinance #westernaustralialoans

Thinking of holding off buying until interest rates fall? Wait until you see what could happen to home prices. Here’s why it could make sense to buy sooner rather than later if you’re home loan-ready. 🏡

🏡 More first home buyers are turning to rentvesting 🏡⁣ ⁣ There's been a 25% jump in first home buyers choosing to buy a rental property rather than a home to live in, according to ABS data.⁣ ⁣ It can be a win-win strategy. ✅ ✅⁣ ⁣ Rent where you want to live. ⁣ ⁣ Buy where you can afford, and use rental income to help pay the mortgage. 🏘⁣ ⁣ It’s not for everyone but it can be a start on the property ladder.⁣ ⁣ And that matters when home prices are rising. 📈⁣ ⁣ Call us to find out if rentvesting could work for you. 👇⁣ ⁣ To find out more, DM or contact Index Finance on: ☎️ – 08 9467 4188 💻 – admin@indexfinance.net.au #indexfinance #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #perth #perthfinance #perthmortgagebroker #perthhomeloans #perthrealestate #perthproperty #osbornepark #osborneparkproperty #osborneparkrealestate #westernaustralia #westernaustraliaproperty #westernaustraliarealestate #westernaustraliabroker #westernaustraliafinance #westernaustralialoans

🥼 Home loan sweeteners for doctors, lawyers and accountants 🥼⁣ ⁣ Aussies working in professional roles - such as doctors, dentists, lawyers and accountants - can be eligible for certain home loan perks.⁣ ⁣ That's because banks are often keen for high income earners to come on board as long term customers. ⁣ ⁣ The most common perk (for doctors, especially) is a waiver of lenders' mortgage insurance (LMI) for borrowers with a deposit as low as 5%. 😮⁣ ⁣ As a guide, buying an $800,000 home with a 5% deposit of $40,000 could attract an LMI premium of up to $35,000.⁣ ⁣ If you’re working in a professional role, talk to us to potentially tap into your home loan perks. 👇⁣ ⁣ To find out more, DM or contact Index Finance on: ☎️ – 08 9467 4188 💻 – admin@indexfinance.net.au #indexfinance #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #perth #perthfinance #perthmortgagebroker #perthhomeloans #perthrealestate #perthproperty #osbornepark #osborneparkproperty #osborneparkrealestate #westernaustralia #westernaustraliaproperty #westernaustraliarealestate #westernaustraliabroker #westernaustraliafinance #westernaustralialoans

Remember the first time you stepped into a gym? It’s unlikely you swaggered your way over to the free weights rack and started busting out squats. Well, it turns out buying your first home can be just as daunting, with 91% of first-home buyers turning to a mortgage broker for guidance. 💪

📈 Will home prices keep rising over the next year? 📈⁣ ⁣ The past 12 months have seen national home values increase by 8.3%, according to CoreLogic.⁣ ⁣ But a new report suggests we might not be done with the gains just yet. 😮⁣ ⁣ Domain is predicting national house prices to rise 3-6% this financial year.⁣ ⁣ The biggest gains are forecast for Perth (8-10%), Adelaide (7-9%) and Sydney and Brisbane (6-8%)**.⁣ ⁣ Remember though: these are predictions, not facts. 🔮⁣ ⁣ That’s why the ‘right' time to buy is when you feel ready.⁣ ⁣ Talk to us to understand your borrowing power, and we'll help match you with a home loan that’s right for your needs. 👇⁣ ⁣ To find out more, DM or contact Index Finance on: ☎️ – 08 9467 4188 💻 – admin@indexfinance.net.au #indexfinance #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #perth #perthfinance #perthmortgagebroker #perthhomeloans #perthrealestate #perthproperty #osbornepark #osborneparkproperty #osborneparkrealestate #westernaustralia #westernaustraliaproperty #westernaustraliarealestate #westernaustraliabroker #westernaustraliafinance #westernaustralialoans

📈 Property profits have just hit a 14-year high 📈⁣ ⁣ But how can that benefit you if you have no intention of selling anytime soon?⁣ ⁣ Well, you may be able to leverage some of those gains as equity for a deposit on an investment property. 🏘⁣ ⁣ CoreLogic’s latest Pain & Gain report reveals that among homes resold in the first quarter of 2024, the median profit was $265,000.⁣ ⁣ If your home is sitting around that median mark, and you've also paid an additional $135,000 off your home loan since you bought, that's an additional $400,000 in equity you could potentially unlock.⁣ ⁣ If you’re interested in finding out more about unlocking your equity, contact us today for a chat. 👇⁣ ⁣ To find out more, DM or contact Index Finance on: ☎️ – 08 9467 4188 💻 – admin@indexfinance.net.au #indexfinance #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #perth #perthfinance #perthmortgagebroker #perthhomeloans #perthrealestate #perthproperty #osbornepark #osborneparkproperty #osborneparkrealestate #westernaustralia #westernaustraliaproperty #westernaustraliarealestate #westernaustraliabroker #westernaustraliafinance #westernaustralialoans