The home-loan clarity collection
Understanding
home loans.
Choose a question below to compare your options and understand the trade-offs.
Choose your chapter
Make sense of
the choices that matter.
Start with the question on your mind. Each guide pairs a clear explanation with a side-by-side comparison. Two interactive examples let you explore the numbers yourself.
Your savings
Offset vs Redraw
See how keeping money beside your loan differs from paying extra money into it.
Explore the guideYour interest rate
Fixed vs Variable
Understand rate certainty, changing repayments and what a split loan actually means.
Explore the guideFamily support
Guarantor vs Gifted Deposit
Two ways to help, with very different effects on the loan and the person helping.
Explore the guideYour repayments
Principal and Interest vs Interest Only
Look beyond the first repayment and see what happens to your balance over time.
Explore the guidePut your understanding to the test
A little knowledge.
A lot more confidence.
Three quick questions to help the key differences stick. This is a learning exercise, not a loan recommendation.
Question 1 of 3
Does money in an offset account directly repay the loan?
Put the learning to work
Your numbers. Your next step.
Your next step
Talk through your questions with me.
Bring your questions. We can talk through the numbers, features and considerations that matter in your situation.
General educational information only. It does not consider your personal objectives, financial situation or needs. Examples are hypothetical, are not loan offers and do not assess eligibility. Lender criteria, product terms, fees and charges apply. Seek appropriate advice for your circumstances.
Educational foundations: ASIC MoneySmart: choosing a home loan ↗ (opens in a new tab)