Jaime April 23, 2020 No Comments

 

As we all adapt to the COVID-19 situation, I want to let you know I am here to help my customers and new clients with their finance options to get the most suitable solution possible.

I’m set up to help you now over the phone and with a range of online tools and calculators to support you through these difficult times.

Here’s some questions I can help answer:

Thinking about purchasing or refinancing?

  • Can I save repayments by switching to another loan?
  • Am I better off if I lowered my current repayments with my existing loan?
  • What are the benefits of a Variable versus a Fixed home loan? Is now the right time to look at changing?

Do you need to change your financing arrangements?

In a few minutes, using a COVID-19 Action Plan calculator, I can show you how different scenarios could affect your loan balance, interest and maturity dates.

  • What should I consider if I enter a loan deferral arrangement?
  • How would my loan repayments change if I switched from Principal and Interest to an Interest Only loan?
  • How do I apply for Financial Hardship?

With many different Government incentives available, my advice is to stick to reputable government sources for information on these incentives. For your benefit, I’ve outlined some resources on the Government incentives available and general information below that may help.

If you have any questions regarding your current situation, please don’t hesitate to get in touch.

Regards,
Justin Abbot
Millennial Broker