Home loan resources

Home loans tips

Looking to save money on your home loan? Read the latest money-saving tips, mortgage checklists and how-to articles from Mozo’s home loan experts and moneyvators.

What happens if.. I'm late on my home loan repayments

What happens if.. I'm late on my home loan repayments

Average property prices in Australia are expensive sitting at a whopping $563,100, which would make the average monthly repayment on a 5% loan over 25 years $3,292. So it’s no surprise that many homeowners get a little behind every now and then, due to unforeseen events like a job redundancy, relationship breakup or illness. But what exactly happens when you miss a payment?

Read more
Mortgage offset accounts in a nutshell

Mortgage offset accounts in a nutshell

Offset accounts may sound like monotonous financial jargon but if you’re in the market for a new home loan, don’t overlook this tasty little tidbit. You could free yourself from your home loan years earlier and save thousands of dollars in the process.

Read more