The silly season is right around the corner and thanks to the dumpster fire that has been 2020, many of us will be tightening our purse strings a little more this year.
It’s a common misconception you can only buy a home if you have a 20% deposit. These days, you can get a home loan with as little as a 5% deposit! While this may sound like a no-brainer in theory, it may cost you more in the long run.
COVID’s impact on house prices hasn’t been as apocalyptic as first thought (some commentators had been predicting house price falls of up to 40%!) but they have dipped slightly. Nationally, house prices have fallen by 2.6% since March according to CoreLogic.
From Apple Carplay to autonomous emergency braking, here are the most popular car features Aussie motorists love, and what to look out for in a new car purchase.
Saving up for a house is a daunting task. Unless you’re made of money or happen to win the lotto, chances are you’ll have to painstakingly scrimp and save for a few years to afford enough for that elusive 20% deposit.
A balloon payment can be an easy way to reduce your car loan repayments. But unlike a regular balloon, you can’t simply let that payment fly into the stratosphere and forget about it. So what are your options when your balloon payment is due?