Bonds and finance

Moving your bond to another bank means paying to cancel the old bond and register a new one. See the costs, how notice works and if it's worth it.

A 30-year bond gives a lower monthly instalment but costs more interest overall than a 20-year bond. Learn the trade-off and how to keep both options open.

An access bond lets you draw back money you have paid in. A re-advance or further loan is a separate request. Learn how each works and what they cost.

Extra payments cut the capital you owe, so you pay less interest and finish sooner. See how it works, what to check and when it makes sense.

A bond originator applies to several banks for you and says banks pay them, so you do not. See what they do, what to ask, and when going direct is enough.

A variable rate moves with the market, while a fixed rate stays put for an agreed period. Compare how each affects your budget, risk and flexibility.

A cleaner credit record can help you qualify for a bond. Get your free report, fix errors, reduce balances and build a record of paying on time.

Banks weigh your income, spending, debts and credit record before lending. See what they look at, why they must check, and how to test your budget.

Pre-approval tells you roughly how much a bank may lend before you make an offer. See what it involves, what to prepare and what it doesn't guarantee.