Does ASB offer a mortgage offset account?
An Orbit home loan provides you with the ability to repay and redraw funds anytime within your credit limit. Your available funds are always on call so you can access them as and when you need up to your limit.
This flexibility means you can direct your income and/or surplus funds (savings) into your loan account, helping you lower your balance, and therefore reduce your interest costs.
If you’re concerned about keeping a tighter control of your finances, Orbit FastTrack has a reducing limit and can help keep you on track to pay off your home loan just like you planned.
Good question. Our ASB Economist produces a report called the Home Loan Rate Report which provides a summary of interest ...
Yes. To make an extra principal payment on your variable home loan from within the ASB Mobile app, here’s what ...
The simple way to pay off your loan is through your Solicitor. Your Solicitor will request a repayment figure and ...
There are advantages and disadvantages to all of these options and you need to consider your personal circumstances when deciding. ...