@michael.rusli: The mistake that millions of Aussie home owners make each year when it comes to their home loans An average loan size is $735,000 according to the ABS with a long term average interest rate of 6% You’ll be paying more interest then you are the actual mortgage You can take advantage of what’s called an offset account to minimise the interest With $50,000 of savings in the offset plus regular $700 mo deposits You can shave 8 years and $380,000 of interest alone This is what the smart Aussies with mortgages are doing Disclaimer: This video is for informational purposes only and should not be taken as financial advice. Please consult a qualified financial advisor or tax accountant for guidance tailored to your specific circumstances.

Wealth By Michael
Wealth By Michael
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Region: AU
Sunday 23 August 2026 03:53:55 GMT
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ellaololade
Ella :
Can discuss which is better between a redraw and offset account?
2026-08-23 05:20:35
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