A redraw facility is an extra home loan feature that can be useful when it comes to reducing the amount of interest you pay and helping you own your home outright sooner. | Lendi
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Home Loan Redraw Facility Explained
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Offset and redraw both help you save interest on your home loan so you can pay it off faster but they are otherwise two different things. #Money #Investing #Property #Interest #Family | James Wrigley
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Offset and redraw both help you save interest on your home loan s…
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Redraw is NOT savings! So many people aren’t aware of how redraw works exactly! It’s a great way to pay down your home loan, but this is not the place to keep your SAVIGS! Once you use it again, you owe it again! Follow for more tips on how to pay your home off sooner. #redraw #confused #mortgagefree #savings #spending #life #homeloan #happy | MoneyQuest - Werribee
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Offset vs redraw: what's the difference and which is better?
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