That's why our Home Loans service is designed to empower you on your property journey.
What We Offer:
Benefits of Choosing Value Wealth for Your Home Loan:
Take the First Step Towards Your Dream Home:
Contact Value Wealth today for a consultation with one of our qualified mortgage brokers. We'll help you navigate the home loan process and unlock the door to your dream property.
A Loan-to-Value (LVR) ratio is a financial metric used by lenders to assess the risk associated with a loan. It's calculated by dividing the loan amount by the property's appraised value, expressed as a percentage.
The amount you can borrow depends on several factors, such as your income, expenses, assets, liabilities, credit history, and the lender's criteria. We can help you estimate your borrowing capacity and compare different loan options that suit your needs.
A comparison rate is a tool that helps you compare the true cost of a loan. It includes the interest rate, fees, and charges, and expresses them as a single percentage. However, it does not include other factors that may affect your loan, such as repayment frequency, loan features, or early exit fees. Therefore, you should not rely solely on the comparison rate when choosing a loan, but also consider the overall benefits and drawbacks of each option.
A fixed interest rate means that your interest rate and repayments are locked in for a certain period, usually between one and five years. This gives you certainty and protection from interest rate fluctuations, but also limits your flexibility to make extra repayments, switch loans, or access redraw facilities. A variable interest rate means that your interest rate and repayments can change at any time, depending on the market conditions and the lender's decisions. This gives you more flexibility and features, but also exposes you to the risk of rising interest rates and higher repayments.