Your home loan repayments will depend on the following factors:
- Type of loan: Different loan types have varying repayment structures.
- Principal amount: The amount you’ve borrowed
- Interest rate: The rate at which interest is charged.
- Repayment frequency: How often you make payments – weekly, fortnightly or monthly
- Loan term: The duration of the loan.
For more information call us on 0410 598 828 or email us on czang@bestprofessionalfinance.com.au for free mortgage health checkup or for any loan enquiries.