Interest and Principal on Home Loans

We will guide you to crystalise your decisions.

Generally, interest and principal are included in repayments on owner-occupied home loans. You should pay interest and principal on your principal residence place, although VOXFIN’s best home loan mortgage broker in Australia will guide you to crystalise your decisions.

Understanding how the various types of loan repayments work

And how they might change over time is essential before deciding on a repayment plan

  • By making principal payments, you will lower your principal balance and reduce the interest accrued over the life of the loan.
  • Your overall interest payments may decrease as your principal balance diminishes with each repayment.
  • Ensure you review current interest rates on loan products before applying for or accepting a loan, as interest rates are subject to change.

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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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