Common Home Loan Myths DeBunked!
A number of myths and misconceptions that keep coming up about mortgages. 1. IT DOESN'T MATTER IF YOU PAY YOUR LOAN MONTHLY OR FORTNIGHTLY False: A 30-year, $350,000 loan on a 4.74% interest rate, would equal monthly repayments of $1,823.66. If you paid half ($911.83) fortnightly, the loan term would be 25 years...
01 March, 2019