All homes are not the same – neither are all home loans. The Webdeal range of loans provides all the flexibility and features that you would want to have in a home loan at unbelievably low interest rates.

Each borrower is an individual with different circumstances and requirements. Some may wish to buy a new home and borrow with no deposit, others may wish to refinance an existing home loan or buy an investment property.

No matter what it is that you are looking for in a mortgage – you would probably like to pay off your mortgage as soon as possible without sacrificing your current lifestyle.

But How?

Our highly experienced consultants can show you that by correctly choosing and structuring your home loan you are able to save many thousands over the life of your loan.

All you need is a Webdeal All-In-One account, a Webdeal Visa card and the Webdeal Variable Home Loan of your choice.

Simply speaking

(i) Your home loan should be split into 2 loan accounts.

• The Webdeal All-In-One Line of Credit and
• The Webdeal Variable Home Loan.
   

Assume you have a property worth $500,000 with an existing home-loan of $300,000.

You can apply to borrow 80% of the value of your home – ie. $400,000.
This $400,000 can be split as follows:

The Webdeal Variable Home Loan $250,000
The Webdeal All-In-One Line of Credit $150,000 ($50,000 outstanding loan plus $100,000 available equity)
 

(ii) All your income should be automatically directed into the Webdeal All-In-One Line Of Credit Loan Account. Doing this will reduce your home loan interest charges immediately, as your outstanding loan balance in your line of credit account will be off-set by the funds deposited into that account. This account will be linked to both the Webdeal Visa and the Webdeal Variable Home Loan.

You will be able to use our visa to make any payments you require throughout the month and then pay-off the visa card before any interest becomes payable by using funds in the Webdeal All-In-One account. This way you pay no interest on any of your purchases. It is the end of high interest credit cards.
 

(iii) You draw on the available equity in your line of Credit Account to make Repayments on your Variable Home Loan.

(iv) You are also able to draw on the available funds in your line of credit to assist with the purchase of further investments. These investments will grow in value over time and help you pay off your home loan sooner.



Here is How It Looks: