Director of Financia Avenue Senior Mortgage Broker 0422457035 swarnima@financiaavenue.com.au
Offset accounts have hit new highs Somehow, it turns out not everyone is scratching for cash right now. Many home owners have money stashed away in their home loan offset accounts. There’s a record $265 billion tucked into offset accounts around the country, according to APRA quarterly data. And it’s seeing borrowers save around $1.4 billion in monthly interest charges (RateCity estimate). Trouble is, offsets aren’t suitable for everyone. They don't work with fixed-rate home loans (unless you split it half-half with variable), and they tend to work best if you have big savings. Could it be right for you though? Call us today to find out. To find out more, DM us or contact Swarnima Mathur from Financia Avenue on: ☎ – 0422 457 035 💻 – swarnima@financiaavenue.com.au 🗓 – https://lnkd.in/dMpUeizs #financiaavenue #localmortgagebroker #homeowner #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #sydney #sydneyproperty #sydneyrealestate #sydneymortgagebroker #sydneyfinance #sydneybroker #sydneyloans #sydneylocal #bellavista #bellavistaproperty #bellavistarealestate #nsw #nswproperty #nswrealestate
