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MyRate Education Centre

Educational Multimedia

MyRate have created some short informative videos to help you better understand the current mortgage market.

The loan process – step by step guide to getting a home loan and purchasing a property.
How to use your MyRate loan – how to minimise home loan interest by using your loan as a savings account.
Where banks get their money from – explains two ways banks can raise funds to lend to borrowers.

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Access previous educational videos

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Lender	% p.a	CCR %	Fees
myrate	6.63	6.63	$0*
CBA	7.36	7.49	$600
ANZ	7.41	7.51	$600
Westpac	7.51	7.64	$600

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All information on this website is of a general nature and does not take into account your individual circumstances. MyRate is not a bank or other Authorised Deposit Taking institution. MyRate does not give financial advice – for advice that takes your circumstances into account please consult a qualified financial advisor. MyRate rates shown are valid for new applications only and are subject to change.
^# The Compulsory Comparison Rate (CCR) applies only to the example or examples given. The CCR is based on a $150,000 loan over 25 years or where applicable, a $600,000 loan over 25 years. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and costs savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan. The information presented was sourced from InfoChoice.

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Educational Multimedia

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