Prasun Shakya

Prasun Shakya Helping you secure your dream home
📞 Contact me for expert mortgage advice

🏡 How might rate cuts affect home prices? 🏡⁣⁣Speculation is mounting that the next move for interest rates could be down...
11/12/2024

🏡 How might rate cuts affect home prices? 🏡⁣
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Speculation is mounting that the next move for interest rates could be down.⁣
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But if you're in the market to buy, be warned: this could lead to increased competition and push property prices up. 📈⁣
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Home prices could jump 0.6% nationally - a rise of about $5,000 - in just the first month following a rate cut, according to a recent Ray White analysis.⁣
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So, if you’re ready to buy now, why wait? 🤔⁣
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Today’s market offers more choice than we’ve seen in over three years, according to CoreLogic.⁣
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Your ideal home could be out there right now: and you might be able to comfortably afford it with your current borrowing capacity.⁣
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Contact us today to find out your borrowing capacity. 👇⁣
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To find out more, DM me or contact Prasun on:

☎️ – 0406 280 028
💻 – [email protected]

😮 Where to buy a home with a $50,000 deposit 😮⁣⁣Good news if everywhere seems outside your budget.⁣⁣Below are a number o...
09/12/2024

😮 Where to buy a home with a $50,000 deposit 😮⁣
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Good news if everywhere seems outside your budget.⁣
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Below are a number of suburbs where it’s possible to buy a house or unit with a $50,000 deposit (according to Canstar):⁣
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- Sydney: check out Wiley Park, Jamisontown or Liverpool.⁣
- Melbourne: consider Melton South or Brunswick West.⁣
- Brisbane: head to Kippa-Ring and Bowen Hills.⁣
- Adelaide: consider Evanston, Elizabeth Sound, or Plympton.⁣
- Perth: think units in Belmont or East Perth.⁣
- Hobart: look at Clarendon Vale or Risdon Vale.⁣
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Ask us about the Home Guarantee Scheme too. 🏡⁣
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It can allow first home buyers to buy with just a 5% deposit and no lenders mortgage insurance. ⁣
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Or 2% for single parents. 👇⁣
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To find out more, DM me or contact Prasun on:

☎️ – 0406 280 028
💻 – [email protected]

🙌 Home buyers shift strategies, more go solo 🙌⁣⁣A whopping 40% of first home buyers purchased a property on their own in...
04/12/2024

🙌 Home buyers shift strategies, more go solo 🙌⁣
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A whopping 40% of first home buyers purchased a property on their own in the first six months of 2024, according to CommBank data.⁣
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How did they do it? 🤔⁣
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Well, apparently 45% of first home buyers are now using government-funded guarantees to get into the market.⁣
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That means tapping into initiatives like the First Home Guarantee, which requires just a 5% deposit and no lenders mortgage insurance.⁣
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Or 2% for single parents.⁣
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Contact us today to find out how you could get into a place of your own sooner. 👇⁣
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To find out more, DM me or contact Prasun on:

☎️ – 0406 280 028
💻 – [email protected]

💪 Landing a home loan if you’re self-employed 💪⁣⁣Rightly or wrongly, lenders can see self-employed borrowers as higher r...
27/11/2024

💪 Landing a home loan if you’re self-employed 💪⁣
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Rightly or wrongly, lenders can see self-employed borrowers as higher risk than employees.⁣
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So it helps to be prepared when applying for a home loan:⁣
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✅ Have evidence you’ve held an ABN for a year or two⁣
✅ Gather proof of income like your latest business activity statements and tax returns⁣
✅ Don’t hide your income (aka cash jobs) as it can reduce borrowing capacity, and⁣
✅ Grow savings to show you can handle home loan repayments.⁣
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If you're struggling to meet any of the above, you could even be eligible for a low-doc home loan designed especially for self-employed borrowers.⁣
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Talk to us for home loan help when you’re your own boss. 👇⁣
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To find out more, DM me or contact Prasun on:

☎️ – 0406 280 028
💻 – [email protected]

🙌 Why Aussies return to their broker - again and again 🙌⁣⁣Close to 9 out of 10 Australians say they trust their mortgage...
25/11/2024

🙌 Why Aussies return to their broker - again and again 🙌⁣
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Close to 9 out of 10 Australians say they trust their mortgage broker, according to Agile Market Intelligence research.⁣
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In fact, borrowers are almost twice as likely to ‘completely trust’ their broker compared to lenders that home buyers deal with directly.⁣
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Here's what we could help you with during your next home purchase:⁣
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✅ Understanding your borrowing power⁣
✅ Providing you with valuable support and guidance⁣
✅ Streamline the finance process⁣
✅ Understanding affordability, savings and deposit options, and⁣
✅ Settling on your property.⁣
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Contact us today for help buying your first, second or third home. 👇⁣
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To find out more, DM me or contact Prasun on:

☎️ – 0406 280 028
💻 – [email protected]

🏠 How much has your home’s value risen by? 🏠⁣⁣CoreLogic found that homes purchased in the below years have increased by ...
20/11/2024

🏠 How much has your home’s value risen by? 🏠⁣
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CoreLogic found that homes purchased in the below years have increased by the below percentage on average: ⁣
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1995: 437%⁣
2000: 308%⁣
2005: 148%⁣
2010: 94%⁣
2015: 57%⁣
2020: 34%⁣
2023: 4%⁣
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Now, 1995 might seem like a long time ago - but it's less than the timeframe of a typical 30-year mortgage. 😮⁣
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Contact us today to begin your property journey. 👇⁣
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To find out more, DM me or contact Prasun on:

☎️ – 0406 280 028
💻 – [email protected]

😎 Are you auction-ready? 😎⁣⁣The spring market is ramping up - and so are sales by auction.⁣⁣Over 2,000 homes went under ...
18/11/2024

😎 Are you auction-ready? 😎⁣
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The spring market is ramping up - and so are sales by auction.⁣
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Over 2,000 homes went under the hammer in late August, with more expected through summer.⁣
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Here’s how to get your auction game on:⁣
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🧐 Research the local market to know what similar homes are selling for⁣
✅ Understand your borrowing power⁣
👍 Have your home loan pre-approved⁣
🔨 Arrange a pre-purchase inspection to avoid unwanted repair bills⁣
🙌 Attend other auctions to get a feel for how they work.⁣
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Call us today to get your finances auction-ready. 👇⁣
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To find out more, DM me or contact Prasun on:

☎️ – 0406 280 028
💻 – [email protected]

🤔 What’s the deal with negative gearing? 🤔⁣⁣Negative gearing was back in the headlines again recently but what’s it all ...
13/11/2024

🤔 What’s the deal with negative gearing? 🤔⁣
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Negative gearing was back in the headlines again recently but what’s it all about?⁣
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‘Gearing’ simply means borrowing to invest. 🏡⁣
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‘Negative gearing’ is where the costs of owning the property, such as loan interest, council rates, insurance and so on, exceed the rental income the property generates.⁣
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The investor then claims a loss on the property via their tax return (even though the property’s value, aka capital gains, might have increased during that period).⁣
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The advantage of negative gearing is that this loss can be offset against other income including your regular wage or salary. ⁣
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The end result is the potential to save on your annual tax bill. 📉⁣
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Interested in finding out more about buying an investment property?⁣
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Talk to us about an investment loan to help get you started. 👇⁣
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To find out more, DM me or contact Prasun on:

☎️ – 0406 280 028
💻 – [email protected]

🏡 Struggling to buy your first home? 🏡⁣⁣Did you know 1-in-3 first home buyers get government support to buy their first ...
11/11/2024

🏡 Struggling to buy your first home? 🏡⁣
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Did you know 1-in-3 first home buyers get government support to buy their first home? (Housing Australia stats).⁣
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They're supported by the federal government’s Home Guarantee Scheme (HGS) - which allows first home buyers to purchase a home with just a 5% deposit and not pay lenders mortgage insurance (LMI).⁣
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Last financial year, the scheme helped more than 40,000 first home owners enjoy a place of their own.⁣
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Contact us today to find out if you’re eligible for the scheme to get started with a 5% deposit. 👇⁣
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To find out more, DM me or contact Prasun on:

☎️ – 0406 280 028
💻 – [email protected]

🤔 Fixed rates are down. Will variable be next? 🤔⁣⁣A number of lenders recently cut their fixed rates - by more than half...
06/11/2024

🤔 Fixed rates are down. Will variable be next? 🤔⁣
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A number of lenders recently cut their fixed rates - by more than half a percent in some cases, according to Mozo.⁣
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Why does that matter?⁣
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Fixed rates can signal where lenders see interest rates are heading. 📉⁣
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Already, our big banks are expecting rate cuts between now and mid-2025.⁣
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And right now though, some lenders' fixed rate home loans are lower than their variable rate options.⁣
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Not comfortable fully locking in your home loan rate? 😅⁣
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Talk to us about splitting between fixed and variable rates - it can give you the benefits of both.⁣
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To find out more, DM me or contact Prasun on:

☎️ – 0406 280 028
💻 – [email protected]

🏡 Can’t afford to buy in your preferred area? 🏡⁣⁣It could be time to consider a ‘dupe’ suburb.⁣⁣These are locations clos...
04/11/2024

🏡 Can’t afford to buy in your preferred area? 🏡⁣
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It could be time to consider a ‘dupe’ suburb.⁣
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These are locations close to more expensive areas that let you enjoy the same lifestyle without the high price tag. 👍⁣
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Even better, gentrification tends to spread. ⁣
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So today’s dupe could be tomorrow’s property hotspot. 🙌⁣
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How to pick a dupe?⁣
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Look for postcodes close to suburbs that have seen big gains in house prices or recent development. ⁣
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Better yet, PropTrack has a handy interactive property price tool that reveals the most expensive and affordable pockets in each suburb across the country.⁣
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DM or contact us and we'll send you a direct link to it. 👇⁣
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To find out more, DM me or contact Prasun on:

☎️ – 0406 280 028
💻 – [email protected]

🤔 Should you go interest-only on your home loan? 🤔⁣⁣Up to 1-in-5 home owners are switching to interest-only payments, ac...
30/10/2024

🤔 Should you go interest-only on your home loan? 🤔⁣
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Up to 1-in-5 home owners are switching to interest-only payments, according to Finder.⁣
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Going interest-only can lower your monthly repayments for a set period of time. ⁣
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But the short term gain can come with long term pain, including: ⁣
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😐 the principal amount won't reduce during the interest-only period⁣
😬 you'll likely face higher repayments once the interest-only period finishes⁣
🙃 you'll probably have to pay a higher interest rate during the interest-only period⁣
🤔 you'll possibly pay more interest over the life of the loan.⁣
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Still, if things are really tight right now, it can get you out of a pinch.⁣
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If you’ve been thinking of going interest-only, talk to us to explore all your options to help manage your mortgage. 👇⁣
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To find out more, DM me or contact Prasun on:

☎️ – 0406 280 028
💻 – [email protected]

Address

Denham Court
Denham Court, NSW
2565

Telephone

+61406280028

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