Budgeting for Your Home Purchase

 

After you have worked out your income, expenses, savings and probable house price, it is time to do a detailed budget so you know exactly what to afford. There are many costs associated on buying a new home. Naturally a large portion of this is the actual price of house, however you might be surprised how much additional costs there are once you have gone through the full process of buying, mortgaging and settlement.

Choose the Right Home Loan

Searching for the right home loan?

Investing in Australian property can be an excellent way to build wealth especially in this ever growing real estate environment. When planning to buy your first home however, you need to consider several factors probably most critical being which financier or lender and home loan product you should apply for. Choosing the right home loan product can make all the difference on your equity growth. The gap between an “unsuitable” choice and the best home loan in the Australian market typically means years in terms of payback time and building equity.

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