Don’t get into high interest-bearing loans and try top-up against your home, if possible.
We have noted that some people don’t bother and take a car loan or a personal loan if they are buying a car without knowing the fact that they could take a top-up against their house at Home Loan rate. So, why pay high-interest rate on the car loan or a personal loan when you don’t have to? Money saved is money earned so it’s worth trying top-up option. You may require a top-up loan against equity available in your property to buy a car, traveling overseas, holidays, marriage, helping your family, non-structural renovation in the house or any other legitimate reason.
Contact us for any top-up loan requirements and we can workshop best possible options for you including loan structure so that whole process is smooth and you get money at cheaper interest rates.