Achieving loan-life balance - ACTU Australian Unions

Achieving loan-life balance

If you’re buying your first home or upgrading your existing one, it pays to choose the right loan – one with the flexibility to achieve long-term goals while allowing you to live your life.

Payments that fit your life

Don’t be restricted to one-size-fits all repayment options when you can choose a flexible home loan. Match your loan repayment dates with pay days.

Freedom to pay extra

Paying off a bit extra each month can deliver substantial savings on loan interest, but look for a loan that allows fee-free extra repayments.

A loan on your terms

The longer your loan term, the lower your monthly repayments. But you’ll be paying loan interest for longer, which adds up to higher overall interest charges.

Making the choice between a shorter or longer-term loan, selecting flexible payments dates and paying off a bit extra allow you to pay off your loan on your own terms.

Members Equity Bank Limited ABN 56 070 887 679 Australian Credit Licence 229500. Terms, conditions, fees and charges apply. Applications are subject to credit approval.