In Australia, interest on home loans is quoted as an annual rate, then calculated daily, and charged monthly. We decided to have a streetonomic look at how the interest on your home loan is calculated and what you can do to pay less interest and get out debt faster
Read MoreDo you want to get out of debt faster? The Finance Guy shares 6 tips to help you pay off your loans faster. Get out of debt years faster, and save thousands of dollars
Read MoreIf you have a home loan, then a mortgage offset account, is a great place for your extra cash. It will help you pay off your home faster. With an offset account, you can save thousands of dollars and take years off your mortgage.
Need access to your funds? Not a problem. A mortgage offset account is an 'at call' cash account. There is no obligation to lock your funds in. An no penalty for making extra deposits or withdrawals
Read MoreGeneral Advice Warning: The information on this site is of a general nature only. It does not take your specific needs or circumstances into consideration. You should look at your own personal situation and requirements before making any financial decisions.