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Track Financial Mortgage | Finance | Property Mortgage Advice, Insurance, Superannuation, Retirement Planning

02/10/2026

Roughly $15 a month for every $100,000 you owe.

That's what the rise costs.

On a $600,000 loan that's about $92 a month. On $1M, about $154. Over a year, $1,100 and $1,850.

It's based on a principal and interest loan with 25 years left, moving from 6.00% to 6.25%, and it assumes your lender passes the full increase on. Interest only works differently and costs more, because the whole rise lands on the balance.

If you're on a different rate or a different term, the number moves. The $15 per $100,000 is the shortcut.

Comment REVIEW and I'll take a look at your situation.



General information only, not advice about your circumstances.

The cash rate moved to 4.60% this week. Three things worth doing about it.Comment REVIEW and I'll take a look at your si...
30/09/2026

The cash rate moved to 4.60% this week. Three things worth doing about it.

Comment REVIEW and I'll take a look at your situation.

Ask your existing lender for a discount before you do anything else. If they won't move, refinancing is the next step.

If you hold more than one property, test the pricing across scenarios rather than assuming. Some lenders price owner-occupied better, some price investment better, and some sharpen up if you bring everything to them. The easy answer of putting it all in one place is often not the cheapest one.

If you're holding cash, using it to reduce the balance can cut the repayment. But check what the lender actually does first. Some reduce the repayment and keep your redraw available. Others require the limit to be paid down permanently, and that money is then gone.

On an investment loan, be careful. Paying down and redrawing later is a new borrowing, and the purpose of those funds is what determines deductibility. Talk to your accountant before, not after.



General information only, not advice about your circumstances.

29/09/2026

The cash rate moved to 4.60% today. Three things worth doing about it.

1. Ask your existing lender for a discount before you do anything else. If they won’t move, refinancing is the next conversation.

2. If you hold more than one property, test the pricing across scenarios rather than assuming. Some lenders price owner-occupied better, some price investment better, and some sharpen up if you bring everything to them. The easy answer of putting it all in one place is often not the cheapest one.

3. If you’re holding cash, using it to reduce the balance can cut the repayment. But check what the lender actually does first. Some reduce the repayment and keep your redraw available. Most require the limit to be paid down permanently, and that money is then gone. On an investment loan, be careful. Paying down and redrawing later is a new borrowing, and the purpose of those funds is what determines deductibility. Talk to your accountant before, not after.

Comment REVIEW and I’ll take a look at your situation.



General information only, not advice about your circumstances.

15/09/2026

An offset doesn’t reduce your repayment on a principal and interest loan. It reduces the interest you’re charged, so more of the same repayment goes to the principal instead.
$100,000 sitting in an offset against a $700,000 loan means you’re charged interest on $600,000. Same repayment, shorter loan.
On an interest-only loan it works the other way. The repayment does drop, because you’re only paying the interest being charged.
An offset is also still your money. That’s the part people miss when they compare it to extra repayments and redrawing later.
Comment OFFSET and I’ll send you a breakdown of how it works on your loan size.

General information only, not advice about your circumstances.

14/09/2026

If you feel like you’re “behind”… you’re probably not.

Here’s what the median Aussie looks like financially:

• Income: ~$86,000
• Mortgage balance: ~$400,000
• Credit card debt: ~$3,600
• HECS/HELP: ~$27,600
• Savings: ~$42,000
• Age buying first home: ~36

If this looks anything like you, please know — you’re doing better than you think!

Sources: ABS Earnings 2024 (median), RBA & ABS household debt data, Money.com.au savings/credit data, ATO HELP statistics, Domain first-home buyer age reporting.

14/09/2026

You’re borrowing $750k — but how you repay it can completely change your strategy.

💰 Principal & Interest (P&I)
▪️ Higher repayments
▪️ You steadily pay down the loan
▪️ Builds equity over time
▪️ potential tax deductions reduce as the loan shrinks

💸 Interest Only (IO)
▪️ Lower repayments
▪️ Better cash flow
▪️ May help you get into your next property sooner
▪️ Keeps more of your tax deductions for longer (for applicable properties)

So… which one would you prefer?
More equity now — or more flexibility and leverage?

14/09/2026

An offset doesn’t reduce your repayment on a principal and interest loan. It reduces the interest you’re charged, so more of the same repayment goes to the principal instead.

$100,000 sitting in an offset against a $700,000 loan means you’re charged interest on $600,000.

Same repayment, shorter loan.
On an interest-only loan it works differently.

There the repayment does drop, because you’re only paying the interest being charged.

An offset is also still your money. That’s the part people miss when they compare it to making extra repayments and redrawing later.

14/09/2026

An offset doesn’t reduce your repayment on a principal and interest loan. It reduces the interest you’re charged, so more of the same repayment goes to the principal instead.

$100,000 sitting in an offset against a $700,000 loan means you’re charged interest on $600,000.

Same repayment, shorter loan.
On an interest-only loan it works differently.

There the repayment does drop, because you’re only paying the interest being charged.

An offset is also still your money. That’s the part people miss when they compare it to making extra repayments and redrawing later.



General information only, not advice about your circumstances.

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