Managing the transition of your interest-only loan

This article addresses potential financial stress caused by the expiry of the interest-only period of IO loans. It uses a case study to explain how these loans work when managed well and then provides some options for borrowers who might not be able to meet increased repayments when the IO period ends. – Managing the transition of your interest-only loan.

Why it just got harder to get a home loan

This article gives reasons as to why it has become so much harder to obtain a home loan, including The Royal Commission, changes in deposits and stress testing, to name just a few. – Why it just got harder to get a home loan.

Debt-to-income ratio 101

This article explains the importance of your debt-to-income (DTI) ratio to your bank when assessing your loan application. With the use of a case study, we delve into your debt-to-credit ratio, your loan valuation ratio and Lenders Mortgage Insurance (LMI). – Debt-to-income ratio 101.

A smarter alternative to payday loans

Payday loans have become a popular option for paying unexpected bills. This article uses a case study to explain how payday loans work and offers a better solution – seeking professional advice. – A smarter alternative to payday loans.