Understanding your offset account is crucial for borrowers. The cash in your offset account reduces the amount of your loan that incurs interest by 1 to 1. For example, with a $500,000 loan and $100,000 in your offset, you only pay interest on $400,000. Your monthly repayment doesn’t change, but because you’re paying less interest, you are actually paying off your loan more quickly because of the cash in your offset! The more cash you have in your offset, the faster you’ll pay your loan off - it

There's three dumb mistakes most people make in their mortgage

15 Years Mortgage System In Nigeria | Pay N18M And Move In | 3 Bedroom Terrace In Ibeju Lekki