MoneyQuest - Casula

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Your coffee is personal. Your finance should be too.

A first home, work ute or café equipment? Let’s grab a coffee and explore your finance options.

If insurance comes up, we can introduce you to a specialist too.

Insurance referrals only. We don’t provide insurance advice or recommend insurance products.

The RBA has raised the cash rate to 4.60%, marking the fourth increase this year.

So, what’s behind it?
Inflation is still proving stubborn, with everyday costs like food, housing, education and health continuing to put pressure on household budgets.

Buying a home?
Higher rates can mean lower borrowing power, higher repayments and tighter servicing checks. But there can be another side to it. Higher rates may cool buyer demand, which could mean less competition in some parts of the market.

Already have a home loan?
If you’re on a variable rate, your repayments may rise again. It could be a good time to check whether your loan is still competitive. On a fixed rate? You won’t feel the impact straight away, but it’s a good idea to know when your fixed period ends and what happens next.

And from here?
No one knows exactly what the RBA will do next, so it’s smart to be prepared for either outcome. Speak with your local MoneyQuest mortgage broker to review your options.

Read more here: https://www.moneyquest.com.au/news/september-rate-report-cash-rate-increases-to-4-60/

General information only. It does not take into account your objectives, financial situation or needs.

The RBA makes its next cash-rate decision tomorrow.

We won’t pretend to know the result before the Board announces it. But mortgage holders can prepare for more than one outcome.

• If the cash rate is held, that doesn’t automatically mean your current loan is competitive.
• If it rises, the effect on your repayments will depend on your balance, loan rate, remaining term and lender response.

Instead of betting on the announcement, understand what each outcome could mean for your household.

Hike or hold, we can help you decide your next move!

General information only. It does not take into account your objectives, financial situation or needs. Eligibility and lending criteria apply. Fees and charges may apply. Repayment scenarios are illustrative only. A cash-rate movement does not guarantee an identical or immediate change in your lending rate.

Grand Final day is here!

Remember, a good game plan makes all the difference.

Enjoy the final!

More than one million Australians now work multiple jobs, a record 6.9% of employed people.

When applying for a home loan, having two incomes doesn’t automatically mean both will be counted in full.

Lenders may consider:
• How long you’ve been in each job.
• How consistent your hours and income are.
• If you’re employed on a permanent, casual or contract basis.
• If working both jobs is sustainable over time.

The same income can be assessed differently by different lenders. That’s why understanding lender policy matters just as much as comparing interest rates.

Working more than one job? Talk to your local MoneyQuest broker about how lenders may assess your income, so you can set a clearer property budget.

General information only. It does not take into account your objectives, financial situation or needs. Eligibility and lending criteria apply. Fees and charges may apply.

One of the most important parts of applying for a home loan is the mortgage serviceability assessment.

Lenders don’t just look at the interest rate you’ll actually pay. APRA’s mortgage serviceability buffer remains at 3 percentage points, which means a loan with an interest rate of 6.2% may be assessed as if the rate were around 9.2%.

This doesn’t mean you’ll pay 9.2%. It’s a safety check lenders use to see if you could still afford your repayments if interest rates increased or your circumstances changed.

Each lender may also assess your income, existing debts and living expenses differently. That’s why your borrowing capacity can vary from one lender to another.

We’re mortgage brokers and we can help you understand your borrowing power and explore your home loan options. Message us today to learn more.

School holidays have a way of revealing just how much the family has outgrown the car.

If an upgrade is on the horizon, explore your finance options before falling in love with the vehicle.

Look beyond the advertised repayment. The interest rate, fees, loan term, any balloon payment and total amount repayable all matter.

We’re mortgage brokers and we can help with car finance too. Because the family road trip should test your patience, not your budget. 😉

Planning a vehicle upgrade? Chat with us about your finance options before you hit the showroom!

General information only. It does not take into account your objectives, financial situation or needs. Eligibility and lending criteria apply. Fees and charges may apply.

Your investment loan structure can shape your whole property strategy.

The way your loans are set up can affect your cash flow, flexibility, access to equity and even how easily you can refinance or sell a property later.

We can help you explore loan structures that align with your property goals, speak with your local MoneyQuest broker to learn more.

General information only. It does not take into account your objectives, financial situation or needs. Eligibility and lending criteria apply. Fees and charges may apply. Money Quest Australia Pty Ltd ABN 18 121 542 765, Australian Credit Licence 487823

When it comes to financing business equipment, there’s more than one way to get it done.

Depending on your needs, options may include an equipment loan, hire purchase or finance lease, each with different structures, repayment options and ownership arrangements.

Read more: https://www.moneyquest.com.au/news/the-distinct-types-of-business-finance/

Not sure which option could suit your business?

Speak with your local MoneyQuest mortgage broker to explore your equipment finance options.

General information only. It does not take into account your objectives, financial situation or needs. Eligibility and lending criteria apply. Fees and charges may apply. Money Quest Australia Pty Ltd ABN 18 121 542 765, Australian Credit Licence 487823