Blog
What is Best? a Fixed or a Variable Home Loan?
To fix or not to fix If you're about to buy a house or you're looking to refinance you may be asking yourself, should I fix my home loan or not? Like most decisions, there are pros and cons for each option. Here are some things to think about to help you decide. ...
What is “Principal and Interest” on a home loan?
Learn about one of the most basic details of your home loan and how to make use of it to pay your loan off quicker. The phrase "principal and interest" or "P&I" is top of mind for many borrowers at the moment. Recent moves by the Australian Prudential Regulation...
GO MORTGAGE WINS ANOTHER AWARD
We are very proud to announce that Go Mortgage is the 2018 WINNER for the BEST REGIONAL OFFICE at the 'The Adviser Better Business Awards' The Better Business Awards is the mortgage and finance industry's leading program for state-based performance. It acknowledges...
how to get a pre approval for a mortgage ?
Want to get into your new home quicker? Get pre-approved ! What is the home loan pre-approval process? The home loan pre approval process, also known as conditional approval or approval in principle, is when your bank conditionally approves or denies...
Does installing a pool add value to a property?
Does a swimming pool give a home a competitive edge in Australia’s housing market? An online survey asked more than 1,000 Aussies if they would pay more for a house with a pool. The most popular response? Surprisingly 40% said No. However the second...
Buying a property with your Super
Self-managed super funds - SMSF - have become a popular way for Australians to build their retirement savings. In fact they’re now the fastest growing segment of the superannuation market, with over one million of us now counted as members of an SMSF. Those members...
Why property ‘flipping’ is the next ATO target?
The tax law does not allow you to ‘flip’ a property tax-free even if you are living in it. Most people think they can move into a property, renovate it, and then sell it without paying tax. The main residence exemption – the exemption protecting your family home from...
5 budget planning tips
Whether you’re hoping to buy a home this year or are tired of wondering where your pay packet goes, budget planning can help you out. With these handy steps you’ll be able to work out where your money is going and save some extra dollars for a rainy day. 1....
What does ‘non-genuine savings’ mean?
When applying for a home loan you’re usually asked to provide a lot of different information, including how much money you’ve saved. These savings will be the deposit that you put towards the purchase of your new home. You may also be asked questions about how you’ve...
Your New Boat – To Home Loan it or Not?
Many customers looking to purchase a boat are faced with a dilemma: Do I take out a separate loan secured by the boat or should I simply add it to my home loan? There is no right or wrong answer as there are several variables that come into play. Is the...
Yes, it’s possible: You can save $200 every week in 2018
HAVING $800 a month going into savings for a deposit or paying off a mortgage faster or going into an investment sounds pretty good, right? Before you know it, you could be investing almost $10,000 a year, and setting yourself up for an easier life in...
First-home Buyer New Year Bonus
In a New Year’s bonus, first-home buyers have scored an extra six months to obtain a $20,000 grant when buying or building a new home. The Queensland First Home Owners’ Grant was due to end December 31, 2017 but has been extended, Acting Premier Jackie Trad said....