Home Loans

Home loans are not overly complicated, but having a rudimentary understanding of the fundamentals will give you a head start as you set out on the great Aussie home ownership journey.

Confused by mortgage terminology? This home loan glossary includes words and phrases first-time buyers are likely to encounter in Australia.

Principal is the amount of money borrowed from a lender; interest is the extra amount charged by lenders in exchange for using their funds.

Know the common home loan types for Australian buyers, investors and property owners so you can choose the best option for you.

The best choice for you should be the one that saves you the most money over the short term while still allowing you to follow your property-ownership dream at the same time.

The main steps to buying a house or property in Australia include getting your finances in order, seeing how much you can borrow, and choosing the right mortgage lender.

How you save for a deposit and how long it takes you will be a good indicator not only of how well you manage your finances but how much you can realistically afford in regular mortgage repayments.

The home loan application process can be thorny. Here’s how to approach it.