Ready to tackle the world of mortgages? In this episode of The Broker’s Lounge, Eddie and Carlo break down everything you need to know about choosing the right mortgage for your situation.

We kick things off by explaining the key differences between fixed-rate and variable-rate mortgages, what they mean, the pros and cons of each and how to decide which fits your needs best. Should you go for the certainty of a fixed rate or the flexibility of a variable one? We’ve got you covered.

Next, we dive into the difference between principal & interest (P&I) repayments and interest-only (IO) loans. We’ll help you understand when it makes sense to pay down your loan balance versus just covering the interest and how each option impacts your cash flow, equity and even taxes.

Plus, we explore whether you should buy in your personal name or through a trust, covering the benefits and downsides of both, from borrowing capacity to tax implications.

It might sound complex, but we keep it simple. Whether you're buying your first home or investing in your next property, we’re here to help you make confident, informed choices.

Tune in, subscribe and if you like what you hear, we’d love a five-star rating!

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Get in touch with Eddie: https://calendly.com/eddie-link/30-min-home-loan-chat
Get in touch with Carlo: https://calendly.com/carlo-o8zv/30min

More info: https://www.linkwealthfinance.com.au/

Our Financial Services + Credit Guide: https://www.linkwealthfinance.com.au/fscg

Disclaimer: The information contained within this podcast is general in nature
and does not take into account your personal circumstances. Please reach out if
you wish to discuss your personal situation