Finance on your legnum

[Guest]

We know what our repayments are going to be (to the nearest tenth) so affording the repayments is no where near a problem. we've got close to $1600 per fortnight of disposable income for a repayment amount of approx $170 per fortnight. its more the fact of how the credit union will approve it, whether they will deposit it into my account or pay in the form of a bulk cheque

 

[Hotwire]

Well if S&L are being awkward, take your business elsewhere. Im sure there are other options (other credit unions such as Aust Central CU, Powerstate CU, Police CU or banks) that will give you the money. With net-banking these days payments will be simple, just set up a regular transfer to the loan a couple of days before the due date to ensure no late fees and you'll be set

 

[Guest]

Then why not refinance the lot, if this is all you are looking to do? However if you are going to renovate in 12mths time (or something along those lines) and will need further funds then, I would plan ahead and secure funds now. You can always hold additional funds in your home loan and withdraw at a later date (sometimes a $50 fee), however the interest saved will counter this.

 

[Guest]

not looking at changing banks for our home loan or financing at all.