Make The Most Of 100% Mortgage Offset Accounts

Mortgage Saving Tips

Most banks and mortgage lenders have home loans available that are connected to a 100% mortgage offset account, which is the most effective way to pay off your home loan faster. This type of account means that any money you have in the mortgage offset account reduces the amount of interest that the bank charges you on your loan. Therefore you pay off more principal and less interest every month. The money in this account is still readily accessible by you at any time and if you set up your personal finances in this way then you can save $1000's in interest repayments and pay off your much mortgage faster.

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