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redraw

7 results tagged redraw:

Three ways to pay off your mortgage faster

A few minutes with an online mortgage calculator can be an eye-opener. These three steps could save you thousands over the life of your home loan.

Ask Paul: Should we close our redraw to get the title deed to our home?

Miia and her husband own their home outright. Should they close the investment loan facility on the property to get their hands on the title deed?

Ask Paul: We paid off the mortgage but we’re scared to close the account

Maureen and her husband have paid off the mortgage but haven't discharged the $300,000 loan in case their kids need help.

‘We went about it the wrong way’: ME Bank reverses redraw decision

ME Bank has reversed its decision to slash home loan redraw limits just days after coming under fire from customers.

ME Bank saga: is it okay for banks to slash redraw balances?

ME Bank has come under fire after customers received letters telling them the redraw balances on their mortgages had been significantly cut without any warning.

Pausing your mortgage payments could cost you $17,000

Hitting pause on your mortgage payments could get you through coronavirus hardship. But it could also add thousands of dollars to your mortgage.

Ask Paul: Should we sell an investment property to pay off our home?

Chris and Vicki still owe half a million dollars on their home. Is it time to sell an investment property and pay off the mortgage?
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