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1 week ago | 
finder.com.au | Richard Whitten
Example: Paying off a $3,000 debt via a balance transferYou have an outstanding balance of $3,000 on a credit card with a purchase rate of 19.0%. You're trying to pay it off in 2 years. Using a credit card repayment calculator, you'd have to pay $151 a month to reach this goal. You'd end up paying $629 in interest. Instead, you apply for a new card with a 0% balance transfer offer for 24 months, with a 2% balance transfer fee. The fee works out to $60. Your application is approved.
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1 week ago | 
finder.com.au | Richard Whitten
Some lenders are quietly helping you repay your home loan faster—whether you like it or not!Last week the Reserve Bank gave Australian borrowers a second rate cut for the year. Variable rate home loans for most borrowers are now 50 basis points lower than they were in January. And almost every lender has announced they're passing on the cut. Wonderful news. But you should take a very close look at your next home loan statement anyway.
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1 week ago | 
finder.com.au | Richard Whitten |Jason Loewenthal |James Millard |Graham Cooke
9+ Excellent These fixed rate home loans offer low costs, coupled with a host of features, giving the best overall value. 7+ Great These home loans may have slightly higher interest rates or fewer features but overall, a competitive offering. 5+ Standard Usually the home loans would offer above average rates. They may still include some competitive features. 0+ Basic Higher costs and/or fewer features.
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1 week ago | 
finder.com.au | Richard Whitten
Finder is one of Australia's leading comparison websites. We are committed to our readers and stand by our editorial principles. We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
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2 weeks ago | 
finder.com.au | Richard Whitten
If you want to take advantage of cheaper rates but haven't got a really big deposit saved, LMI could give you the perfect leg up. Sponsored by QBE – helping customers learn more about lenders' mortgage insurance (LMI). Learn more on Finder's LMI hub, brought to you by QBE Insurance. Providing LMI since 1965. Saving a 20% deposit is pretty standard for a first home buyer. Or at least it used to be. But with property prices so high, a 20% deposit is a big ask these days.
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2 weeks ago | 
finder.com.au | Richard Whitten
You want to switch to a home loan with a lower interest rate, but simplicity, speed and flexibility matter too. Sponsored by . With Unloan, you can get a home loan that rewards you every year. A rate that gets better, with no negotiations needed. Every year you're with Unloan, you'll receive an automatic discount of 0.01% p.a., for up to 30 years. Refinancing a home loan is all about getting a better deal that saves you money, while also giving you more control over your money.
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2 weeks ago | 
finder.com.au | Richard Whitten
Saving money with a lower rate, getting out of debt faster and unlocking home equity are excellent refinancing rewards. Sponsored by Unloan. With Unloan, you can get a home loan that rewards you every year. A rate that gets better, with no negotiations needed. Every year you're with Unloan, you'll receive an automatic discount of 0.01% p.a., for up to 30 years. Most of us think of a home loan as a big, lifelong debt.
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3 weeks ago | 
finder.com.au | Jennifer Aranas |Graham Cooke |Richard Whitten
{"visibility":"visibilityMasthead","ctaLabel":"Calculate","tableCode":"AUFHL_FINDER_SCORE","nicheCode":"AUFHL","fields":[{"name":"LOAN_AMOUNT","value":"500000","options":"","label":"Borrowing amount","suffix":"$","useSuffixAsPrefix":false,"useDropDownOption":false,"tooltip":""},{"name":"PERIOD","value":"30","options":"","label":"Period","suffix":"years","useSuffixAsPrefix":false,"useDropDownOption":false,"tooltip":""}]} Borrowing amount Period {"isComparisonEngineEnabled":false}...
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1 month ago | 
finder.com.au | Alison Banney |Richard Whitten
The median super balance for people in their early 30s is $37,061, and $87,648 for those in their early 40s. In your 30s and 40s you still have decades for your super to grow and benefit from compound growth. Focus on reducing your fees, investing in more growth assets and making extra contributions while you're young. The median super balance for 30-34 year olds is $37,061.50. Men in this age group have slightly more super than women, at $39,796 versus $34,327.
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1 month ago | 
finder.com.au | Richard Whitten
Experts suggest that a comfortable retirement for a single Australian 67-year-old is $595,000. That works out to an estimated super balance of $274,000 at age 50. But everyone's reality is different, and data shows most Australians don't have that much super saved. Your 50s are a good time to get a clearer idea of your retirement goals, pay off debts and add to your super. This will set you up for a much stronger position in retirement.
