Slice 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 us or contact Slice Finance on: ☎️ – 0417 406 960 💻 – shea@slicefinance.au #slicefinanceau #brokersworkforyou #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #hobart #melbournerealestate #hobartproperty #tasmania #tasmaniaproperty #tasmaniarealestate #tasmaniabroker #tas

☀️ Planning a big summer road trip this year? ☀️⁣⁣ ⁣⁣⁣ Whether you're thinking about exploring our great outdoors by 4wd 🚗, caravan 🚚, camper 🚐, or boat 🛥, ⁣you don't always need to pay for your adventure vehicle upfront.⁣ ⁣ We could help you arrange vehicle finance to help fund that big ol' road trip you've been dreaming of.⁣ ⁣⁣ But summer is just around the corner - and there can be wait times for some orders - so get in touch today and we'll do everything we can to help you purchase your choice of adventure vehicle before the summer holidays arrive.👇⁣⁣ ⁣⁣⁣ To find out more, DM us or contact Slice Finance on: ☎️ – 0417 406 960 💻 – shea@slicefinance.au #slicefinanceau #brokersworkforyou #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #hobart #melbournerealestate #hobartproperty #tasmania #tasmaniaproperty #tasmaniarealestate #tasmaniabroker #tas

🥸 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 us or contact Slice Finance on: ☎️ – 0417 406 960 💻 – shea@slicefinance.au #slicefinanceau #brokersworkforyou #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #hobart #melbournerealestate #hobartproperty #tasmania #tasmaniaproperty #tasmaniarealestate #tasmaniabroker #tas

🏡 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 us or contact Slice Finance on: ☎️ – 0417 406 960 💻 – shea@slicefinance.au #slicefinanceau #brokersworkforyou #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #hobart #melbournerealestate #hobartproperty #tasmania #tasmaniaproperty #tasmaniarealestate #tasmaniabroker #tas

🥼 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 us or contact Slice Finance on: ☎️ – 0417 406 960 💻 – shea@slicefinance.au #slicefinanceau #brokersworkforyou #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #hobart #melbournerealestate #hobartproperty #tasmania #tasmaniaproperty #tasmaniarealestate #tasmaniabroker #tas

📈 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 us or contact Slice Finance on: ☎️ – 0417 406 960 💻 – shea@slicefinance.au #slicefinanceau #brokersworkforyou #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #hobart #melbournerealestate #hobartproperty #tasmania #tasmaniaproperty #tasmaniarealestate #tasmaniabroker #tas

📈 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 us or contact Slice Finance on: ☎️ – 0417 406 960 💻 – shea@slicefinance.au #slicefinanceau #brokersworkforyou #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #hobart #melbournerealestate #hobartproperty #tasmania #tasmaniaproperty #tasmaniarealestate #tasmaniabroker #tas

🏡 What's the typical loan size borrowers take on? 🏡⁣ ⁣ The average new home loan across Australia just hit a record high of $626,055 in May 2024*, according to ABS stats.⁣ ⁣ But not everyone is borrowing more.⁣ ⁣ NSW has the biggest average new loan of $767,584, up from $720,029 in May 2023. 📈⁣ ⁣ The average new mortgage also jumped in Qld (up to $586,627), SA ($541,775), WA ($538,860) and Canberra ($614,242) over the past year.⁣ ⁣ But average loan sizes barely budged in VIC ($601,891), Tassie ($462,324), and the NT ($437,427).⁣ ⁣ But does size really matter? 🤔⁣ ⁣ Definitely - especially when interest rates are currently so high.⁣ ⁣ Talk to us about finding a home loan that’s right for you with a rate that suits your budget. 👇⁣ ⁣ To find out more, DM us or contact Slice Finance on: ☎️ – 0417 406 960 💻 – shea@slicefinance.au #slicefinanceau #brokersworkforyou #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #hobart #melbournerealestate #hobartproperty #tasmania #tasmaniaproperty #tasmaniarealestate #tasmaniabroker #tas

🏡 Can you use your super to save a first home deposit? 🏡⁣ ⁣ Want to fast-track your first home deposit?⁣ ⁣ The First Home Super Saver Scheme could be worth a look. 👀⁣ ⁣ The scheme could boost your savings for a deposit by 30% compared to a regular savings account, says the federal government.⁣ ⁣ Simply make voluntary contributions to super – up to $15,000 annually. 📆⁣ ⁣ This can allow you to benefit from the tax savings you receive from your super fund, plus the potential for higher returns compared to a regular savings account.⁣ ⁣ When you’re ready to buy, you can withdraw the money you've voluntarily contributed - up to $50,000 - plus any associated earnings. 😁⁣ ⁣ Better still, if you're buying with a partner, together you can withdraw up to $100,000 plus associated earnings.⁣ ⁣ Call us today to see if the scheme could help you become a home owner. 👇⁣ ⁣ To find out more, DM us or contact Slice Finance on: ☎️ – 0417 406 960 💻 – shea@slicefinance.au #slicefinanceau #brokersworkforyou #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #hobart #melbournerealestate #hobartproperty #tasmania #tasmaniaproperty #tasmaniarealestate #tasmaniabroker #tas

🤔 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 us or contact Slice Finance on: ☎️ – 0417 406 960 💻 – shea@slicefinance.au #slicefinanceau #brokersworkforyou #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #hobart #melbournerealestate #hobartproperty #tasmania #tasmaniaproperty #tasmaniarealestate #tasmaniabroker #tas