How do offset accounts really work? скачать в хорошем качестве

How do offset accounts really work?

When looking for a home loan, you've likely heard about an 'offset account', but what exactly is it and why is it so popular? Generally, it's because they can, in some cases, shave years off your mortgage repayments. Here's how. © Copyright 2018 Canstar Pty Limited A.C.N. 053646165. *We are Australia's Biggest Financial Comparison Site. This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you. You should make your own calculations based on specific product features and your own circumstances. Consider the product disclosure statement before making a purchase decision. Canstar provides an information service. It is not a credit provider, and in giving you information about credit products Canstar is not making a suggestion or recommendation to you about a particular credit product. Before you elect to terminate or modify existing lending arrangements, it is recommended that you consider all associated application costs, timing and impact of these changes on wider financial arrangements and your personal circumstances. If you decide to apply for a credit product, your eligibility for the product and the exact interest rate that you may be offered may be assessed and determined by the lender (using the lender’s own credit methodology) based on your personal application, including, but not limited to your credit rating. Research provided by Canstar Research P/L AFSL and Australian Credit Licence 437917. See the FSCG at https://www.canstar.com.au/canstar-fscg/. *See https://www.canstar.com.au/biggest-or... for further information.