A variable rate mortgage, also known as a floating rate mortgage, has an interest rate that fluctuates over the life…
A repayment mortgage, also known as a capital and interest mortgage, involves paying off both the loan's capital and the…
The mortgage term is the duration over which a borrower agrees to repay their mortgage loan. It significantly impacts monthly…
Mortgage indemnity protection, often called a guarantee, is an insurance policy protecting lenders against borrower default. It's typically paid by…
A mortgage broker acts as an intermediary between borrowers and lenders, helping individuals secure home loans. They assess your financial…
An interest-only mortgage allows borrowers to pay only the interest for a set period. After this period, payments increase to…
A flexible mortgage offers borrowers more control over their payments and loan terms. Explore features like payment holidays, redraw facilities,…
A fixed-rate mortgage offers predictable monthly payments for the life of the loan. The interest rate remains constant, simplifying budgeting…
A discount mortgage allows borrowers to pay discount points upfront to lower their interest rate over the life of the…