Blog
Selling things on eBay
Christmas can really put the finances under pressure as we need to buy presents, attend lots of functions and host meals at our house. All this equals lots of spending and generally there is no more money coming in than at any other time of the year. As well as needing extra money at…
July – review
Well the new financial year is upon us and that means several things. Firstly, it is time to start thinking about preparing your tax return. And secondly, we are officially half way through the year. The mid-way point is often a good time to conduct a review. Did you set yourself some goals at the…
Investing close to home – the granny flat solution
With the eldest of the baby boomers well into their 60s this year, the challenges of an ageing population are confronting us all, with social spending and economic growth set to feel the pressure as Australia’s population ages. A 2008 Productivity Commission report, ‘Trends in Aged Care Services: some implications’, predicted that the proportion of…
Want to pay off your mortgage faster?
When you take out a mortgage, you set a term for this. Term refers to the period of time that it will take to pay off your mortgage. This is generally 20, 25 or 30 years but there are plenty of options and the choice is normally yours. The term that you choose will dictate…
How much can you borrow?
One of the most important things we find clients want to know is how much they can borrow. Many have used simple online calculators. These online calculators are a very quick and simple way of getting a rough calculation. But it is important to realise that most lenders look at a wide number of factors…
How does a line of credit work and is it for me?
How you structure your mortgage can be a big decision. One of the decisions that you may be considering is taking out a line of credit. Essentially, a line of credit allows you to access the equity you have in your home. For example, if your home is worth $300,000 and your mortgage is $100,000…
Helping first home buyers get organised
Being a First Home Buyer is both an exciting and scary time. Our role is to help at every stage of the process. Some steps can be taken before the home ownership journey begins. Here are some great tips on getting prepared: Understand what you can afford: our role as a mortgage broker is to…
Let FinanceCorp help you with your will!
There is so much for you to think about when buying and selling a property. For many of our clients, they are often overwhelmed with the amount of things that they need to be thinking about. For many years now, all of the brokers at FinanceCorp have recommended that their clients meet with a financial…
Preparing for the end of financial year
The financial year has just ended. Many people see this as simply a time that they must place their tax return and receive either a bill or a refund from the Australian Tax Office (ATO). But the end of the financial year can be a really good to time to review your personal financial situation….
Have you considered an offset account?
In Australia, we have become a lot more conservative when it comes to debt. We are living with lower levels of debt and are now looking for ways to become debt-free faster. So how is this possible when you are living with a mortgage? Many people are looking at an offset account and…