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Borrowing Guide

Checklists

10 Simple Questions You Should Ask To Save You Money

Here are some questions you should ask any financial institution before borrowing.

Question Available?
Will my loan be free of monthly account keeping fees?  
Can I make unlimited additional repayments without penalty?  
Will I get a free redraw facility that I can use at any time?  
Can I switch from a variable loan to a fixed or combination (split) loan at no extra cost?  
Can I transfer my loan to another property when I move?  
Can I have my salary paid directly into my loan account?  
Can I pay other than monthly?  
Can I access redraw via the phone and Internet?  
Do I have the choice of principal and interest or interest only repayment options?  
Do you offer a competitive home insurance?