When looking around for a home loan, you may find it helpful to use the "Home Loan Checklist". It will help you make a decision that will suit your needs and circumstances. You can use the checklist for any purpose, including:

Buying a first home;

Refinancing of an existing mortgage;

Consolidating your debts

Cash out/release of equity;

Purchase of investment property;

home finance company

Building your new home; or

Upgrade or renovate your existing home.

You can also use the checklist to avoid applying for loans that don't suit your specific needs or circumstances.

Ask your lender/credit provider for a copy of their key facts statement

The best way to compare home loans when doing your research is to ask different lenders/lenders for a copy of their 'Key Facts' sheet as this will tell you:

The total amount to be repaid over the life of the loan;

Amount of installments and payment options;

Fees and Payments Due; and

Comparison