Loan Mall Empowers you to Save Money : maximize your savings for home loan deposit and maximize your borrowing power!
At Loan Mall, we believe in empowering you with the knowledge to make smart financial decisions. Our commitment to excellence and innovation in financial services shines through our tailored finance solutions. Let’s embark on a journey to financial savvy with our expert tips and strategies.
LOAN MALL ACN: 676520237 Credit representative number: 559389 of AFG Credit license number: 389087
Save Money : maximize your savings for home loan deposit and maximize your borrowing power!
Learn the strategic thinking of saving money, maximise your savings for home loan deposit and maximize your borrowing power. Learn the power of 1$. Satrt living your financial life by design not by default.
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Tips on Borrowing Money and Saving on Loans
Compare Loan Options
Research and compare different loan products to find the best rates and terms
Understand the Terms
Be fully aware of the loan terms, including interest rates, fees, and repayment schedules
Early Repayment
If possible, make additional payments to reduce the loan principal and save on interest
Be Money Smart: Understand Your Finances And Unlock Your Potential
Assess Your financial health
Begin by evaluating your current financial situation. List your assets, liabilities, income, and expenses to get a clear picture.
Set Financial Goals
Whether it’s saving for a home, retirement, or education, define clear, achievable goals to guide your financial journey.
Automate Your Savings
Set up automatic transfers to your savings account to ensure you’re consistently building your nest egg.
High-Interest Savings Accounts
Opt for savings accounts with competitive interest rates to maximize your returns.
Emergency Funds
Establish an emergency fund to cover unexpected expenses without derailing your financial plans.
Insurance
Invest in comprehensive insurance policies to safeguard your assets and income.
Diversify Income
Expand your income from different chanels and classes to mitigate risk
Regular Reviews
Conduct regular financial reviews to adjust your strategy as needed.
Create a Budget
Develop a budget that reflects your income, expenses, & financial goals
Track Spending
Use budgeting apps or tools to monitor and control your spending habits
Long-Term Planning
Consider future life stages and plan accordingly for things like children education
Professional Advice
Seek advice from financial experts to fine-tune your financial plan
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Empower Your Economic Journey
Elevate Your Fiscal Dreams
Forge Your Financial Future
Contact Us If You Need Any Help With
BORROWING POWER
CALCULATION
- How much you can borrow
- Lenght of loan, fees, costs of loan, interest rates.
MORTGAGE SWITCHING CALCULATION
- Compare the cost of switching your mortgage
- The recovery time for the cost of switching
MORTGAGE CALCULATION
- How much will your mortgage repayments be?
- How you can repay your loan sooner?
SUPERANNUATION CALCULATION
- how much super you'll have when you retire
- how fees affect your final super balance