The DPF Team wish all our valued clients a Happy New Financial Year and hope the year ahead is filled with good health and great prosperity for you and your family.
This is also a time when we remind you all to take a quick look at the current interest rates on your Home Loan or Investment Loan to see if your current interest rate is competitive, as it is common practice for many banks to sneak up the interest rates for their existing customers hoping they will not notice or ask for discounts.
Q: What currently is a low Variable Interest Rate ?
A: 5.99% p.a. – 6.10% p.a. … If your Home Loan does not have a 100% Offset Account
or
A: 6.14 – 6.25% p.a. … If your Home Loan has a 100% Offset Account
.
Q: What can I do if I believe my interest rate may be too high ?
A: Simply send an email to david@dpfinance.com.au with the following information:
- Current interest rate
- Current loan balance
- Estimated value of your home / investment property
.
DPF Mortgage Specialists has been able to access the above-mentioned information through several banks and over the last 2 months, for clients who have loans with these banks, we have contacted your bank and requested reductions to your interest rates.
We are so pleased with the results we achieved on your behalf with the majority of these clients achieving significant savings each year and one lucky client saving over $9,800.00 per year on their Home Loan and Investment Loan.
Q: How much does this service cost ?
A: $Nil … This is all part of the ongoing service DPF Mortgage Specialists provides for our clients
.
Other Good News to share …
- Stamp Duty is waived for First Home Buyers in Queensland if the Purchase Price is up to $700,000 (Note: Lesser discount available if Purchase Price $700,001 – $800,000)
- Lenders Mortgage Insurance can be waived for First Home Buyers if the Purchase Price is up to $700,000 which could save you up to $30,000 in set up costs (Note: Conditions apply)
- Increases in the value of your home or investment property can assist you to achieve lower interest rates
- Several banks are currently offering Fixed Interest Rates up to 1.20% p.a. lower than the vast majority of banks which could save you up to $6,000.00 per year on a $500,000 Home Loan / Investment Loan
- The DPF Team have assisted many of our clients who have fixed interest rates expiring to achieve low interest rates
.
We are very proud to announce that, once again, DPF Mortgage Specialists have achieved a 100% Approval Strike Rate with every Home Loan Application approved in the 2023 – 2024 Financial Year 😊
If the DPF Team may be of assistance to you, your family or friends please do not hesitate to call or email as we are more than happy to help.
Wishing you and your family a Happy New Financial Year.
