It really depends on your personal financial situation. Committing more of your savings to the purchase price may decrease your initial loan size and interest costs, but having those savings in an offset account instead can improve your cash flow for a rainy day. To get a better understanding of your general financial needs and which strategy would suit you, speak to a qualified financial adviser.

An Aussie Broker will show you the home loan options for each scenario and what repayments you'd be expected to make. We'll search from hundreds of loans to help find the one that's right for you. This is all part of your free appointment with an expert Aussie Broker.