Understanding common home loan terms
Approval in principle
Fixed interest rate
Interest only repayments
Lenders Mortgage Insurance (LMI)
Loan to Value Ratio (LVR)
Principal and interest repayments
Variable interest rate
How to take advantage of government schemes
What is the First Home Owner’s Grant?
Do I qualify for the First Home Owner’s Grant?
What is the Financial Claims Scheme (FCS)?
How is the Financial Claims Scheme (FCS) limit applied?