The latest from Integrity Finance Australia
It’s one of the less glamorous home loan features, but the redraw facility deserves a second look. Here’s why:
The redraw facility explained
A redraw facility lets you make additional repayments to reduce your variable rate home loan balance and save on interest. If you pay more than your minimum scheduled repayments, then you’ll have money available to redraw from your home loan.
The Winter edition of the Integrity Finance newsletter contains some great information about traps to avoid when refinancing and what expenses you are able to claim on your investment property.
Grab a cuppa and enjoy the read!
This issue of the IFA Newsletter covers topics like Pre-approvals, improving your asset's value and tips for first home buyers.
I went to Stanford University, San Francisco recently, and attended the Graduate School of Business on an Executive Education program. Learning from the best of the best in the Stanford classroom and from Silicon Valley company executives (including for example Google), was amazing - massive learning; awesome experience.
But the biggest take out from the nine days away was not part of the program; it was an 8-mile bike ride through San Francisco and over the Golden Gate Bridge.
