Purchasing a home is an exciting yet significant decision. This guide will help you understand your options, prepare for the costs, and plan for a smarter purchase.
Owning your own home is the great Australian dream, but it's not always the most economical route. Renting may work out to be a better deal than buying if:
With numerous loan options available, finding the right one can be confusing. Many borrowers mistakenly believe that the best mortgage is the one with the most added features, such as credit cards and offset accounts.
It's essential to compare different loan products and choose one that suits your financial situation and long-term goals.
Transport Mutual offers a range of home loan products to suit various needs:
Explore our home loan options to find the best fit for your needs
A home loan may be suitable if you:
Prefer to keep your savings intact for other expenses.
Desire predictable monthly payments.
Want to establish or improve your credit history.
Aim to purchase a higher-quality property than you could with cash alone.
Use our loan calculator to estimate your repayments and see what fits your budget.
We’ve been helping transport workers, their families, and the wider community reach their financial goals for over 50 years. As a member-owned credit union, everything we do is designed to benefit you - not big bank profits.
