MacNab Finance

MacNab Finance Specialising in Property Investment, Home Loans & Finance Strategy, we take the stress out of financ

At MacNab Finance we believe that people should spend more time doing the things they love, we believe that people sleep better at night knowing that their finances are in order and we believe that in general people are complacent about their finances. We understand that looking at your finances can be complicated and overwhelming, so our aim is to take the stress out of finance, to simplify the o

verall process, and enable you to let experts evaluate and look after your financial needs. We pride ourselves on our personal service and getting to know our customers. You will speak directly to a real person about your finances on a first name basis, not a faceless organisation, and our advice is backed up with real experience. At MacNab Finance we specialise in not just mortgage broking and providing loans, but in putting together a complete finance strategy to achieve the goals of each individual.

IMPORTANT ANNOUNCEMENT MacNab Finance will be closing its doors for the last time on Friday 29th July.We would like to t...
31/05/2022

IMPORTANT ANNOUNCEMENT
MacNab Finance will be closing its doors for the last time on Friday 29th July.
We would like to thank our amazing staff, those that have helped us along the way and of course, you, our valued customer, for your ongoing support and patronage.

Please see Mark and Linda's full statement in the images.

FINANCE TIP YOU CAN DO TODAY!By simply changing your repayments from monthly to fortnightly you’ll get you an extra mont...
30/05/2022

FINANCE TIP YOU CAN DO TODAY!
By simply changing your repayments from monthly to fortnightly you’ll get you an extra month of repayments into your loan each year.
There are 12 months in a year, but 26 fortnights. So, if your monthly repayments are $2000, by the end of the year you will have repaid $24,000, however if you pay $1000 a fortnight, then by the end of the year you will have repaid $26,000.

WHAT DOES A CASH RATE INCREASE REALLY MEAN FOR HOMEOWNERS?The increase of the cash rate and anticipated future increases...
27/05/2022

WHAT DOES A CASH RATE INCREASE REALLY MEAN FOR HOMEOWNERS?
The increase of the cash rate and anticipated future increases have left many homeowners feeling uncertain and worried. If you’ve been left scratching your head wondering what this means for you and your wallet, we’re here to help.

What’s the impact on homeowners? Once the RBA raises the cash rate, lenders often pass this on to borrowers via an increase in their variable interest rates. Some lenders have already begun passing on the rate increase in full. Even a small increase in your variable interest rate could have an impact on your repayments.

As an example, say you are a homeowner who purchased a property for the price of $999,037 with a 20% deposit. Your monthly repayments might jump from $3,365 to $3,765 if the cash rate were to hit 1 per cent and your interest rate increased from 2.99 per cent to 3.89 per cent. That is an increase in repayments of $400 a month.
If you need more information on what the increases could mean to you, we are here to help.

BIRTHDAY LOVEHappy birthday to our gorgeous Chloe. Thank you for spending your birthday with us, and for being such a sp...
18/05/2022

BIRTHDAY LOVE
Happy birthday to our gorgeous Chloe. Thank you for spending your birthday with us, and for being such a special part of our little office. We hope your day is as bright as these flowers.

GET OUR HOME BUYER GUIDEWe have a super handy booklet that has been designed to help you through the home buying process...
17/05/2022

GET OUR HOME BUYER GUIDE
We have a super handy booklet that has been designed to help you through the home buying process, and provide you with information that you may need to know when buying and financing your home. If you would like a copy just DM us your email and we’ll send it through.

WHO ELSE RELATES TO THIS?It's time to close some of those tabs, and turn up the music! Happy Friday.
13/05/2022

WHO ELSE RELATES TO THIS?
It's time to close some of those tabs, and turn up the music! Happy Friday.

RENOVATIONS USING YOUR EQUITYIf you have been thinking of doing renovations to your property, there are ways you can fin...
13/05/2022

RENOVATIONS USING YOUR EQUITY
If you have been thinking of doing renovations to your property, there are ways you can finance it without dipping into your savings. Using the equity you already have in your property is a great way to be able to fund these renovations, and some lenders can even provide cash out for renovations without quotes or contracts.
If your property has increased in value and you’re looking to see how much equity you may be able to access for renovations, we can help work this out for you, and provide you with the best options.

INTEREST ONLY LOANSThe repayment on your mortgage will always include the interest payable on the amount borrowed, no ma...
10/05/2022

INTEREST ONLY LOANS
The repayment on your mortgage will always include the interest payable on the amount borrowed, no matter what kind of loan you have. If you have a Principal & Interest loan (P&I), part of your repayment will also be allocated to reducing the balance of the loan.

With an Interest Only loan (IO), your repayments only pay the interest that is due and do not reduce the balance (or the amount you borrowed). As a result, an IO loan can only be obtained for a limited period (usually up to five years). IO loans are not recommended for standard owner-occupied home buyers, as the less you pay off the principal amount, the more you end up paying in interest over the life of your loan. However, IO loans can be very useful for property investors – because the interest on a loan for an investment property is usually tax deductible.
If you want to know more about whether an IO loan could work for you, get in touch with us.

HAPPY MOTHER'S DAY To ALL the amazing mums everywhere, and a special shout out to the 3 amazing mums in our office that ...
07/05/2022

HAPPY MOTHER'S DAY
To ALL the amazing mums everywhere, and a special shout out to the 3 amazing mums in our office that keep us entertained with their stories of motherhood!

GETTING RID OF YOUR GUARANTOR If the bank of mum and dad helped when you purchased your home, now may be a good time to ...
05/05/2022

GETTING RID OF YOUR GUARANTOR
If the bank of mum and dad helped when you purchased your home, now may be a good time to see if you can remove them from your loan.
With the increase in property value of late, your LVR may now be under the 80% mark, and if it is you may be able to remove your guarantor.
It’s important to know that the guarantee is NOT automatically removed once you owe less than 80% of the property value, but we can do this for you.

LOOKING FOR A NEW CAR? EOFY sales season is almost here, so it is a great time to purchase a new car. If you do find the...
04/05/2022

LOOKING FOR A NEW CAR?
EOFY sales season is almost here, so it is a great time to purchase a new car. If you do find the perfect car, we can help you find the best way to finance it, just get in contact with us.

Address

21 Benjamin Street St Marys
Adelaide, SA
5042

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+61883576806

Website

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