We Find The Money,
You Find The House
Do I have to take a 20 year term?
You can apply for any loan term up to a maximum of 30 years. The shorter your loan term on your home loan, the higher your monthly instalment repayment will be but will result in a saving of total interest paid in comparison to a longer term loan.
ooba Has a host of home loan calculators and other resources available to help you determine the potential cost of your home loan when planning and budgeting.