A number of home loans allow you to have your salary paid straight into your home loan account (or a linked offset account), then redraw what you need to pay for day-to-day expenses using a credit or debit card.

This can be a good way to lower your interest payments over time, but watch out, because some lenders may make you pay for the privilege of doing so by way of increased rates or additional fees. Make sure that you understand the implications of choosing these features when selecting your home loan.

An expert Aussie Broker can help you compare a range of home loans and help calculate how much these options could save or cost you over the long term. This service is part of your free appointment with an expert Aussie broker.