| |
|
| |
|
 |
|
| |
| |
 |
Competitions |
|
 |
Use Tactical Financial Solutions to arrange your
residential home loan during the promotional campaign
and you could win a 12 month holiday from your mortgage.
Tactical Financial Solutions is an accredited broking
firm with Australian Financial Group "AFG"
who are offering a promotional prize of a "12
month holiday from your mortgage". The winner
will have their mortgage paid by AFG for one year
for their principal place of residence to a maximum
of $16,372.20 (12 x $1364.35) to the lender.
Entry is conditional on the settlement of a residential
home loan application submitted by an accredited
AFG broker.
For full details and terms and conditions of the
promotion please click
here.
|
|
|
|
| |
|
What's
New |
|
|
Tactical Financial Solutions recently launched its
new web site. The web site gives an insight to the
Tactical approach to finance together with a comprehensive
overview of our depth in the broad range of services
we can offer.
To check out our new web site please click
here.
|
|
|
|
| |
|
Product
Profile |
|
|
The general consensus in the media and from economists
indicates that interest rates are set to rise again
and possibly, before Christmas. Having said that,
let's not get into a flat spin, as interest rates
are still at a very reasonable level, given historical
data - we all remember having to pay 16% p.a. on
our home loans!
So, the question becomes, what is a good move at
this time, given the current market and the possibility
of another rise in official rates?
If your mortgage is a straight "Standard Variable",
then an interest rate rise will impact on your monthly
mortgage repayment. If you have a "Fixed Interest"
loan, then, no change, until maturity – which
may be a fair way off at the moment. If you have
a combination of the two, then it would be fair
to say, some impact, but not a great concern, depending
on the ratio of "Standard Variable" to
"Fixed Interest".
On a "Standard Variable" loan of $250,000,
over 30 years, with the current interest rate, a
monthly repayment of around $1,812 would be expected.
With an interest rate rise of 0.25%, that monthly
repayment would increase to $1,855. So, roughly
an extra $43 per month.
To avoid the full $43 per month rise, you may consider
'fixing' a portion of the loan - eg. fix S170,000
@ 7.3% p.a. and then only $80,000 is subject to
the rise, which changes the net effect of a 0.25%
p.a. interest rate rise, down to only $13 per month.
Another option is to review the interest rate on
your current mortgage to see if it could be lower
than it currently stands. A lot of lenders have
changed their policy and if you're not on a "Professional
Package" you may already be paying too much
and eligible for a 0.5% p.a. discount on your interest
rate.
Certainly, the cost of a phone call, or email, could
be worth $43 per month ($516 per year) or twice
that, if you're eligible for a "Professional
Package".
Why not let us do the legwork for you with a no
obligation - free health check on your current mortgage.
|
|
|
|
| |
|
General
Interest |
|
|
Refinancing - From
1 July 2006 an exemption from mortgage stamp duty
on refinancing of mortgages by owner occupiers of
homes and small business owners became available.
With stamp duty one of the past major cost factors
in refinancing why not ask us if there is a better
option out there for you. A Tactical finance consultant
will be happy to undertake a free financial health
check of your lending portfolio at any time.
Pre-Approvals
- With the WA property market experiencing boom
times purchasing a property has not been an easy
task. Most real estate agents have not even entertained
writing up an offer subject to finance unless the
proposed purchaser has had a pre-approval from a
lender. At Tactical, not only can we arrange your
finance pre-approval but we can also ascertain your
maximum borrowing potential before you even start
looking. Not all lending institutions work on the
same lending policy and assessment criteria and
our experience and choice of lenders will ensure
your potential is maximized. If you or any one you
know is considering buying a property please feel
free to contact us for a No-obligation Free quote
before you do anything else.
"Dad,
why did they build The Great Wall of China?"
No one can tell precisely when the building of the
Great Wall was started but it is popularly believed
that it started as a military fortification against
attacks by tribes on the borders during the earlier
Zhou Dynasty in the 7th century BC. It was not until
the Qin Dynasty that the separate walls, constructed
by the states of Qin, Yan and Zhao kingdoms, were
connected to form a defensive system on the northern
border of the country by Emperor Qin Shi Huang.
After the emperor unified the country in 214 BC,
he ordered the construction of the wall. It took
about ten years to finish and stretched for more
than 5,000 kilometres.
The wall not only served as a defence in the north
but also symbolized the power of the emperor. The
Great Wall was renovated from time to time after
the Qin Dynasty. A major renovation started with
the founding of the Ming Dynasty in 1368, and took
200 years to complete.
Like the hilarious Big Pond ad we shouldn't always
rely on other people's general knowledge for the
answers. For a professional consultation when seeking
or reviewing your finance needs, contact a professional
at Tactical Financial Solutions today. |
|
|
|
|
|
 |
|
| |
 |
| |
| Tactical Financial Solutions | Phone: 08 9403
4498 |
Address: Level 1, 30 Ledgar Road, Balcatta WA
6021 |
| ABN: 60 399 465 575 | Licensed Finance Broker:
FB3248 |
PO Box 43, Hillarys WA 6923 |
|
|
|
