To understand how to pay your loan off faster, you need to know how a loan works. A simple explanation is as follows A borrower borrows $500,000 at an interest rate of 5.5% per annum for 25 years. The ‘principal’ is the amount you borrowed. The ‘interest’ is the amount you are charged for borrowing the money. The ‘loan […]
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An interest only loan can seem like a great idea at the time – but there are plenty of risks involved in buying a property with a loan that fails to pay off any principal. Interest only loans are popular with property investors, as they allow you to minimise your mortgage repayments in the short-term, […]
The key here is to find an apartment renters will love, but will also get you a good capital return. Is the apartment unique? apartment Let’s face it, when you put your property out to rent or sell, one key selling point will be what makes your apartment stand out! Open floor plan? Views? Layout? […]
This is the section that is often referred to as a blog. Technically your whole site is a blog simply because it is built using WordPress which is a blogging platform. The story you’re reading right now is actually a blog post which is a newsworthy article posted on your ‘website’ or ‘blog’. The search […]
Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!