Feeling guilty about deciding between paying down your mortgage or topping up your super?

After all putting extra money into your mortgage means you can pay off your debt quicker and save interest, but putting extra money into super builds your retirement nest egg.

Sounds like an impossible choice?

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Get clear on what's at stake when you borrow with others

Understanding 'joint and severally liability loans' and what it means for you.

You might think when you take out a joint mortgage with someone else you’re only responsible for your ‘half’ or share of the loan.

Think again because this is not the case.

  • By signing a mortgage contract with someone else, you’re each agreeing to pay off the whole debt if the other can’t – or won’t – pay it.
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Refinancing isn’t for everyone or every financial situation.

Refinancing a mortgage can put you in a better interest rate, but still increase your debt. Before you jump on the refinance-the-mortgage ride, here's six occasions when it might not be right for you

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LMI: the good the bad and the ugly.

Using lenders mortgage insurance (LMI) is one way to buy a property without having the 20% deposit which is typically required by most lenders.

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How to prepare for a home loan

Applying for a mortgage is usually one of the biggest financial decisions a person will make in their life, so it just makes sense to give yourself the best chance.

Whether you're looking for your first home loan or an investment property loan, the preparation is really the same.

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Managing the emotional cost of big financial decisions

When I was a child, if I was good my Aunt would give me half a Mars Bar (the original 54 grams chocolate and caramel nougat snack that promised ‘Pleasure you can't measure’). If I was still good a month later, I’d get the other (slightly dehydrated) half. Even today, the thought of eating an entire Mars Bar myself, makes me feel uncomfortably indulgent.

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Co-Owners and the new way to buy property and help your kids

Buying a property with others — Co-Owners & Limited Equity Guarantees

With increasing housing prices, changes in our spending and saving patterns, the ongoing uncertainty from the GFC and uncertain government economic policy, many people are now looking to Co-Ownership as a way to enter the property market with lower cost and lower risk. Simply put, Co-Ownership is now mainstream.

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There are many ways to own property with other people

Different ownership structures bring different rights and responsibilities so it makes sense to understand the basics.

When a single property is owned by more than one person (or company) it can be owned either as;

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Understanding how to use an offset account can help you pay off your home loan faster

Your home loan is probably the biggest financial commitment you'll make in your lifetime. So what if there was a way to reduce the amount it costs – the interest you pay – and also pay it off sooner?

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