Forward Thinking - Macquarie
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 Recalculate an existing home loan
 

If you have an existing home loan and would like to see how your current mortgage facility stands up to competitor offerings, we can help. You can call us for a simple and free comparison consultation. Consider the following points:

Do you have the right home loan? The wrong mortgage could be costing you thousands.
We can review your existing home loan and compare your current rate to the market rate for you.
Do you want to free up cash for additional investment or income?
We can help you with strategies for releasing the equity in your home.
Do you want to reduce your debt faster?
We can show you how a small monthly surplus can save you significant time and money.


Scenario

Chris and Kerry have a $300,000 loan for 30 years. Their interest rate is 7.25% and they repay $2046.53 per month.

In their fifth year of holding the mortgage, they discovered they could afford to pay more toward their mortgage each month. The following graph shows the impact of paying an additional $200 to the home loan.

This graph illustrates that the additional monthly repayment results in a saving of $79,442.02 and a reduced loan period by more than 5 years.

This scenario (including the graph) has been based upon assumed interest rates and repayment amounts. It has been provided for illustrative purposes only and should not be relied upon as a forecast or undertaking. Actual results may vary from those shown and may be materially higher or lower.


No obligation home loan health check

Macquarie Private Wealth offering a no obligation home loan health check. Simply fill out the details below and select a time that is suitable for a telephone appointment.


 
  First name: *
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  Are you happy with your current interest rate?
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  Have you considered using a home loan for investment?
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  Do you have other debts?
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  Are you unhappy with your current mortgage provider?
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No
  Would you like a mortgage adviser to visit you?
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Disclaimer

Macquarie Equities Limited may retain your details for the purposes of marketing our services to you. We collect your personal information to:

  • communicate with you concerning your mortgage
  • monitor, audit, evaluate and otherwise administer your mortgage and related services
  • offer products of a similar type which we expect may be of interest to you
  • keep and maintain a register of clients
  • provide information about Macquarie product and services to you.

Your personal information may be provided to other Macquarie group companies or to Macquarie’s agents or contractors which provide services in connection with this product and related services for these purposes. Your details are subject to the Privacy Act and Macquarie’s Privacy Policy at macquarie.com.au. You can access your details held by Macquarie. For more information, refer to Macquarie’s Privacy Policy.

Macquarie Private Wealth’s services are provided by Macquarie Equities Limited (MEL) ABN 41 002 574 923 (“MEL”). Participant of Australian Securities Exchange Group, AFSL No. 237504, Level 18, 20 Bond Street, Sydney NSW 2000. MEL is not an authorised deposit taking institution for the purposes of the Banking Act 1959 (Cth). MEL’s obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of MEL, unless noted otherwise.

This general advice has been prepared by MEL and does not take account of your objectives, financial situation or needs. Before acting on this general advice, you should consider its appropriateness having regard to your situation. We recommend that you obtain financial, legal and taxation advice before making any financial investment decision.



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