Fixed mortgages – How are break costs calculated?
Sue Tierney
A very common question when clients are looking to fix their mortgage is: What if I want to break it, how much will the bank charge?
The banking ombudsman have put together this information to help:
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As Registered Financial Advisers , we’re all about doing the right thing for our clients. A big part of that is making sure you don’t pay a dollar more than absolutely necessary.
Given the choice, most of us would opt for a loan agreement that trims thousands
of dollars from repayments.
Even with the best will in the world, I sometimes feel that personal finances can be like a sieve or a leaky bucket.