1.0M Financehttps://mfinance.net.aumfinance-adminhttps://mfinance.net.au/author/mfinance-admin/rich600338<blockquote class="wp-embedded-content"><a href="https://mfinance.net.au/faq/">FAQ’s</a></blockquote> <script type='text/javascript'> <!--//--><![CDATA[//><!-- /*! This file is auto-generated */ !function(c,d){"use strict";var e=!1,n=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},!c.wp.receiveEmbedMessage)if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(t)if(t.secret||t.message||t.value)if(!/[^a-zA-Z0-9]/.test(t.secret)){for(var r,a,i,s=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=0;o<n.length;o++)n[o].style.display="none";for(o=0;o<s.length;o++)if(r=s[o],e.source===r.contentWindow){if(r.removeAttribute("style"),"height"===t.message){if(1e3<(i=parseInt(t.value,10)))i=1e3;else if(~~i<200)i=200;r.height=i}if("link"===t.message)if(a=d.createElement("a"),i=d.createElement("a"),a.href=r.getAttribute("src"),i.href=t.value,i.host===a.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(!n){n=!0;for(var e,t,r=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),s=0;s<i.length;s++){if(!(e=i[s]).getAttribute("data-secret"))t=Math.random().toString(36).substr(2,10),e.src+="#?secret="+t,e.setAttribute("data-secret",t);if(r||a)(t=e.cloneNode(!0)).removeAttribute("security"),e.parentNode.replaceChild(t,e)}}}}(window,document); //--><!]]> </script><iframe sandbox="allow-scripts" security="restricted" src="https://mfinance.net.au/faq/embed/" width="600" height="338" title="“FAQ’s” — M Finance" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe>[vc_row type=”full_width_section” bg_color=”#7ac142″ top_padding=”40″ bottom_padding=”40″ bg_position=”left top”][vc_column width=”1/1″][/vc_column][/vc_row][vc_row bg_color=”#7ac142″ top_padding=”0″ bottom_padding=”10″][vc_column column_padding=”custom-padding” width=”1/3″][vc_column_text] FAQ’s [/vc_column_text][/vc_column][vc_column column_padding=”custom-padding” column_custompadding=”0px 0px px 15px” width=”1/3″][/vc_column][vc_column width=”1/3″][vc_column_text] Call 0412 411 823 [/vc_column_text][/vc_column][/vc_row][vc_row bg_color=”#ffffff” text_color=”light” text_align=”center” top_padding=”10″ bottom_padding=”10″ bg_position=”center center”][vc_column width=”1/3″][vc_column_text] How much can I borrow? That all depends on your current income levels, the existing liabilities and debts you have such as credit card limits and personal loan payments. The banks also factor in living expenses for your personal situation. Best to call a mortgage broker and get an accurate guide. What’s the difference between a fixed and variable rate loan? A variable rate loan varies, the interest rate goes up and down depending on the reserve bank and lenders changing rates. Variable rates give you flexibility, option to have redraw, often offset accounts and ability to pay extra without penalty . A fixed rate loan is a loan where the interest rate is locked in for a specific time. For example 1, 2, 3, 4,.5 etc. years. So a fixed rate loan for 3 years would mean that the rate and the payment would not change for that 3 years. There are limits to how much extra you can pay and there can be penalties […]