About Us
Our vision is to create wealth for Australians by unifying relevant and right financial knowledge.
VOXFIN evolved in 2019 based on the growing demand in the western suburbs of Melbourne to support the broader community in acquiring their first home and providing strategic guidance for property investors looking for second—or third-home buyers and downsizers.
With a robust foundation built on knowledge, integrity, and compassion, we are dedicated to serving our clients with excellence
Harnessing the power of our extensive network of over 35 lenders, we assure the best-fit home loans with competitive interest rates, ensuring maximum financial benefits for our clients.
Driven by the intent to offer personalised solutions, we empower our clients to make informed decisions about their finances. Our ethos of exceptional service and unwavering support guides every interaction, ensuring a seamless and rewarding experience.
Beyond our commitment to our clients, we are deeply invested in giving back to the community. VOXFIN proudly sponsors various community events, embodying our belief in the importance of community engagement and support.
Voxfin’s vision is to cater to Australians for all types of loans: home loans, investment property loans, refinancing home loans, vacant land loans, business loans, commercial loans, asset and equipment finance, business vehicle loans, personal car loans, personal loans, debt consolidation loans, bad credit loans, SMSF property loans, agribusiness loans, property development finance, medical professionals loan, LMI waiver loans, and insurances as part of their wealth creation journey.
We aim to simplify the entire home loan process from guidance, strategic planning, and goal setting to finalisation of your loan.
You choose VOXFIN for:
- Savings on stamp duty
- Simplified home loan process
- Maximise your borrowing power
- Lowest interest rates in Australia
- Personalised loan structure to meet your needs
- The best mortgage & home loan broker in Australia will guide you
Home Loan FAQs
Questions and queries related to Home Loans
Can you have an offset account with a fixed rate?
Generally, No. Most banks do not offer this option. However, some banks do offer an offset account at a fixed rate. Alternatively, you can split your home loan so the variable part has an offset account attached. It may have an annual fee.
Does an offset reduce monthly repayments?
Principal & Interest: Your offset balance does not affect your minimum monthly principal and interest (P&I) repayments. Instead, all the funds in your offset account work to reduce the amount of interest you pay on your home loan. You only pay interest on the difference between the loan amount and the amount in your offset account. If you maintain or increase your offset balance, your interest payments may be lower, meaning you could pay off your home loan sooner.
Interest Only: If your interest rate remains unchanged and you have funds in your offset account, your daily interest will decrease, and so will your monthly minimum interest-only (IO) repayments.
What's the difference between an offset account and a redraw account?
When choosing between a redraw facility and an offset account for your home loan, it’s important to understand the differences and how they work.
Redraw: With a redraw facility, you can make extra repayments in addition to your minimum fortnightly or monthly home loan repayment. These additional funds can be taken out if you need them for expenses like renovating your home. The extra funds sit in your home loan account and reduce the amount of interest you pay. Keep in mind that the extra funds will reduce with regular repayments over time.
Offset: An offset account is a separate transaction account linked to your home loan. You can use it as your everyday bank account with easy access to your funds. Any money you have in your offset account reduces the balance of your home loan, meaning you only pay interest on your home loan balance minus the balance of your offset account. The more money you keep in your offset, the less interest you pay. However, the amount it can reduce the interest on your home loan rises and falls with your offset account balance.
Redraw facilities are available with most variable interest rates, while offset accounts are only available with package products that come with annual fees.
Both options or a combination of the two, can save you money on interest and help you pay off your home loan faster. The best choice for you depends on your personal circumstances, how you manage your money, and your current financial situation, as well as any extra interest or fees you may need to pay for using either one.
Does an offset account work like a savings account?
An offset account is an everyday transaction account. The funds in an offset account do not earn interest, but they will offset the interest on your home loan balance by the same amount. Since home loan interest rates are usually higher than savings account interest rates, funds kept in an offset account are still beneficial to you.
For example, let’s say you earn 2% per annum on funds in a savings account, but the interest rate you are paying on your home loan is 6.00% per annum. You would save that 6.00% per annum in interest charges on the same funds if you kept them in an offset account linked to a home loan.
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What are the risks with an offset account?
No risk, offset account comes with either an annual fees or monthly fees.
Offset accounts are most effective when the balance grows. Frequent withdrawals reduce its effectiveness. The longer funds stay in the account, the more they can reduce interest payments on your home loan.
What’s the difference between an offset account and a home loan?
An offset account is an everyday bank account, while a home loan is a type of mortgage product. The offset account is connected to the home loan, and the money kept in it helps to reduce the balance of the loan. As a result, interest is charged based on this reduced balance, rather than the total outstanding home loan balance.
Do mortgage repayments come out of the offset account?
The minimum monthly repayments will always be deducted from your nominated transaction account, whether it’s your offset or another account.
You have the flexibility to make regular or one-off extra repayments from any transaction account. If you miss your minimum monthly repayment and have enough available funds (extra repayments) in your loan’s redraw facility, we will automatically use the redraw funds to meet your minimum monthly repayments.
What is a split loan?
A split home loan involves dividing your home loan balance into two separate accounts: one with a fixed interest rate and one with a variable interest rate.
By splitting your loan balance, you can benefit from both types of interest rates. The fixed rate portion provides stability, as your interest rate and loan repayments remain constant for the duration of the fixed rate term. On the other hand, the variable rate portion allows you to take advantage of potential decreases in interest rates and make unlimited extra repayments.
Why choose us?
We understand the importance of earning your trust in the guidance provided by the expert mortgage brokers at VOXFIN.
We can assist you with all types of home loans as well as other financial lending needs, such as refinancing home loan, car loans, commercial loans, asset & equipment finance, SMSF loans, personal loans, bad credit loans, agri loans, development finance, insurance and many more.
Additionally, we can assist with organising finance to start or grow your business and funds to purchase assets and equipments.
VOXFIN’s expert home loan mortgage brokers are here to assist you with all types of financial needs. We simplify the loan process and provide the right information and guidance so you can make sound investment decisions.
We assist Australians throughout the nation. We work with over 35 lenders in Australia to bring you the best loan option with the lowest interest rate and the most appropriate home loan structure to grow your property portfolio.
Australians have trusted us as expert home loan mortgage brokers for all types of their loans and mortgage needs such as first home buyer loans, refinancing home loans, agribusiness loans, business loan brokers, commercial loan brokers, car loan brokers, asset and equipment finance brokers, SMSF property loans, property development finance brokers, business car loan brokers, bad credit score lenders, medical professionals’ loans, personal loan brokers, and many more to help them find the suitable loans to finance their property dreams.
Get a Free Consultation
info@voxfin.com.au
0435 393 623 | 03 70652000
We are committed to being with you at every step in your home loan process. We keep your best interests ahead of everything by providing solutions powered by solid industry expertise and deep financial knowledge to help you make an informed decision.
We work with you to simplify the home loan borrowing process and navigate the complexities of finding a solution to get you the lowest interest rates on your owner-occupied home loan or investment property loan.
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