Jodie Humphries

What is a debt-to-income ratio, and how does it impact your mortgage application?

A debt-to-income ratio (DTI) compares the amount of money you earn to the amount of money you owe to various lenders and credit card providers. It’s used by lenders to judge whether you can repay your mortgage comfortably or not.

Do you pay super on bonuses? | RateCity

If you’re awarded a bonus from your employer, it might have an impact on the amount of superannuation you get.

A guide to single-parent home loans

As a single parent, you have specific concerns and financial goals, which may include buying a home. Get information about single-parent home loans to help you. 

What happens to a reverse mortgage when the owner dies?

When a homeowner dies with an outstanding reverse mortgage, their home may be sold to repay the debt. However, their family may need to move out of the house first.

What are the pros and cons of a savings account?

Want to open a savings account but not sure if it’s the right financial decision? It may be worth weighing up the pros and cons of having a savings account to help you decide.

How do I find the current energy supplier in my neighbourhood?

Finding out who your energy supplier is can take just a quick phone call or internet search. You could also find your energy provider on your latest energy bill. 

Is it possible to refinance with late mortgage payments? 

There are many reasons to refinance a home loan. They may include switching to a lower interest rate, consolidating multiple debts into a single loan, leveraging the equity in your home, or accessing flexible payment terms. Refinancing might also be a viable solution to help you manage your mortgage if you fall behind on your repayments. Lenders will decide if they’ll allow your loan to be refinanced under these circumstances on a case-to-case basis. However, there are other steps you could take before refinancing a mortgage in arrears, such as reassessing your overall finances and speaking to your current lender.

Can a reverse mortgage calculator help me estimate my borrowing limit?

While you can borrow at least $10,000 through a reverse mortgage, consider using a reverse mortgage calculator to estimate how much more you could borrow.

How to find gas and electricity deals for pensioners

Energy bills can be expensive, but there are a few things pensioners can do to keep the costs as low as possible. Learn how you can find some of the best gas and electricity prices for pensioners.

How to set up your gas and electricity plans when moving house 

Moving house? Gas and electricity set-up in your new place shouldn’t cause stress if you have the right information. Find out what to do to start the process.