Want lower repayments?
Together, we can find a solution that works for you.
Together, we can find a solution that works for you.
In some cases, it may help to apply for a temporary break from your mortgage payments.
When payments become difficult, taking early action and exploring available options could help you get back on track.
To make first-time home purchases easier, we lend up to 85% of the property's market value and also offer a 100% discount on the loan origination fee.
We offer new parents the option to reduce their payments by up to half while they're on parental leave.
With a payment moratorium on your loan, you can pay a fixed, reduced amount for 12 months instead of your standard monthly payment.
Mortgages are generally repaid with either fixed monthly payments or equal principal repayments.
You can refinance a loan with equal principal repayments into one with fixed monthly payments. We then conduct a credit assessment, just as we do for other mortgage refinancing applications.
With equal principal repayments, you repay the same amount of the mortgage principal each month, plus interest and, if the mortgage is index-linked, indexation adjustments.
Monthly payments are higher at the beginning than with fixed monthly payments. However, they decrease over time as the outstanding mortgage balance is reduced.
With fixed monthly payments, you pay approximately the same total amount each month.
If the mortgage is index-linked, monthly payments will generally change in line with inflation over time.
Compared with equal principal repayments, fixed monthly payments are usually lower at the beginning of the mortgage term.
Mortgage loans vary, and the interest rate you pay has a significant impact on your monthly repayments.
Our online affordability assessment only takes a few minutes to complete. To calculate how much you can afford to borrow, we use information such as your income, assets and existing debts.
Choosing the right mortgage is a major decision that affects your household finances for many years. Therefore, it's important to understand how the choice of loan term and type can change both the payment burden and total cost. Whether the loan is indexed or non-indexed, and how long the loan term is, can have significant effects on payment burden and equity building.
After checking your payment capacity and securing a down payment, it's time to find your dream property. This process can take varying amounts of time, but it's important to choose carefully and find a property that has most of the features you're looking for.
Most people have very clear ideas about what kind of apartment they're looking for and what requirements it needs to meet, but it's good to keep in mind that you may not find an apartment that fulfills all your wishes. When buying your first property, you often need to prioritize features and choose the property that checks the most boxes if you can't find one at the right price that meets all your criteria.
When taking out a new loan, the repayment period can be crucial. The maximum loan term varies, but the longest loans are for real estate purchases, which can extend up to 40 years.
It is difficult to determine whether renting or buying is right for you, and this is mainly guided by your financial situation and financial goals. You should calculate both options thoroughly before making a decision. If you are considering purchasing property, there are several important factors you should familiarize yourself with and be clear about before you begin the process.