Mikal Howard Finance

Mikal Howard Finance We are a boutique Finance & Mortgage Broking business in Adelaide’s North-Eastern suburbs.

🏡How Guarantor Loans Work, affectionately known as the Bank of Mum & Dad.Don’t qualify for a government guarantee scheme...
02/09/2026

🏡How Guarantor Loans Work, affectionately known as the Bank of Mum & Dad.

Don’t qualify for a government guarantee scheme or an LMI waiver?

You may still have another option to help you avoid LMI and get into the property market sooner: a parental guarantor loan. 🚀

Here’s how it can work:
✨ Your parents, or another eligible close family member, use some of the equity in their property to support your loan.

✨ This can mean you don’t need the full 20% deposit.

✨ And you may be able to avoid the additional cost of LMI. 💸

Example 👉
Sarah’s parents came on as limited guarantors, using equity in their home to support Sarah in buying her first property without a large deposit or LMI.

🙌 Pretty clever, right?

If you’re wondering whether a guarantor loan could help you get into your new home sooner, let’s chat and see whether it could work for you.

https://www.mikalhowardfinance.com.au/enquire

😂 “I love the bank”… said no one, ever!So why use a mortgage broker instead?✨ We have access to 30+ lenders, not just on...
01/09/2026

😂 “I love the bank”… said no one, ever!

So why use a mortgage broker instead?

✨ We have access to 30+ lenders, not just one.

✨ Our job is to understand you, your goals, your needs and even your quirks. Then match your situation with the right lender and lending policy.

✨ Because it’s about way more than just the interest rate. It’s about finding the lender that actually says YES to your scenario.

Think of me as your mortgage matchmaker 💘

Except instead of awkward dates, you get a home loan that actually fits. 🏡

💬 DM me and let’s find the right lender match for you.

https://www.mikalhowardfinance.com.au/enquire

💬 Just because no one taught you about finance doesn’t mean you can’t master it now. 🙌It’s never too late to start learn...
04/06/2026

💬 Just because no one taught you about finance doesn’t mean you can’t master it now. 🙌

It’s never too late to start learning:

✅ You don’t need a finance degree

✅ No question is too “silly”

✅ You’re not “behind” — you’re just starting where you are

I love helping my clients:

🌟 Understand their home loans

🌟 Build better money habits

🌟 Feel CONFIDENT making big financial decisions

If you were never taught this stuff, you’re in good company. Most of us weren’t! But you're never too old or too young to learn, and I’m here to guide you through it.

📚 Let’s start where you are. Together.

DM me or www.mikalhowardfinance.com.au/enquire

⚡🚗 Buying an EV? Here’s a fun fact you might not know!When it comes to valuing an electric vehicle, it's NOT about the k...
03/06/2026

⚡🚗 Buying an EV? Here’s a fun fact you might not know!

When it comes to valuing an electric vehicle, it's NOT about the kilometres travelled like traditional cars. 🚘

👉 It’s ALL about the condition of the battery 🔋 — because the battery is the most valuable (and expensive!) part of an EV.

If you’re buying a second-hand EV:

✅ Always ask for a battery health certificate

✅ Check how many charge cycles it’s had

✅ Verify remaining battery warranty

Why?

A car with “low kms” but an old or worn battery might cost you BIG on repairs or replacements.

💡 Handy tip: Some lenders are now offering special financing for EVs — if you're curious, I can help you explore options!

DM me or www.mikalhowardfinance.com.au/enquire

💡 Repeat After Me: It’s NOT about the rate! 🏡💰Yes, we love a sharp rate! 📉But here’s the thing:Getting a loan is about ...
03/06/2026

💡 Repeat After Me: It’s NOT about the rate! 🏡💰

Yes, we love a sharp rate! 📉

But here’s the thing:

Getting a loan is about finding the RIGHT match, like a perfect long-term relationship 💑, not just a one-night stand! 😄

Here’s what we really consider when helping you find the right loan:

✅ Your goals — are you planning renovations, debt consolidation, investment?

✅ Your life stage — growing family, career change, retirement?

✅ Your income type — PAYG, self-employed, contract?

✅ Your property plans — future upgrades or sales?

✅ Bank policy quirks — yes, they all have different “personalities” 😉

💬 In short: it’s matchmaking, your financial needs with the right lender.

A lower rate is great, but a mismatch could cause more stress long term.

If you'd like to chat about whether you're ready for a better match, let’s talk. Your dream lender might be out there! 💌

DM me or www.mikalhowardfinance.com.au/enquire

Investors — your borrowing power may have changed. 🏡📉If you’re planning to buy an investment property, your maximum borr...
01/06/2026

Investors — your borrowing power may have changed. 🏡📉

If you’re planning to buy an investment property, your maximum borrowing capacity may not be what it was a few weeks ago.

Some lenders are now changing how they treat negative gearing in their servicing calculations. 🏦

In plain English?

They may no longer give you the same benefit for investment property tax deductions when working out how much you can afford to borrow.

This could impact:
💰 How much you can borrow

🏦 Which lender is right for you

📄 Whether your existing pre-approval still works

⏰ How quickly you need to act before signing a contract

This doesn’t mean investors should panic.

It does mean your strategy needs to be checked properly before you buy. 👀

📲 If you’re planning to purchase an investment property this year, let me guide you through the new lending landscape.

DM me or www.mikalhowardfinance.com.au/enquire

📅 EOFY Tip: Instant Asset Write-Off for Small Business 💼✨Small business owners — this one is worth a quick EOFY check-in...
31/05/2026

📅 EOFY Tip: Instant Asset Write-Off for Small Business 💼✨

Small business owners — this one is worth a quick EOFY check-in. 👀

For the 2025–26 financial year, eligible small businesses may still be able to access the $20,000 Instant Asset Write-Off.

In plain English?
You may be able to immediately deduct the business-use portion of eligible assets, rather than depreciating them over time.

This could apply to things like:

🖥️ Computers, laptops and office equipment

📱 Phones and business tech

🖨️ Printers, scanners and equipment

🪑 Office furniture

🔧 Tools and equipment

🚗 Some business-use assets, depending on eligibility and cost

A few key things to know:

✅ Your business generally needs annual turnover under $10 million

✅ The asset must cost less than $20,000

✅ It must be first used or installed ready for use by 30 June 2026

✅ Only the business-use portion can usually be claimed

✅ Eligibility depends on your business structure, asset type and tax position

And the important bit: buying something just for a tax deduction is not always a smart strategy. Tax savings are great… unnecessary spending is still unnecessary spending. 😅

Before you rush into an EOFY purchase, speak with your accountant and make sure it actually makes sense for your business.

📲 Need finance for equipment, business assets or cash flow before EOFY? Let’s chat and work through your options.

DM me or www.mikalhowardfinance.com.au/enquire

💡 Quote of the day “Do not save what is left after spending, but spend what is left after saving.”— Warren BuffettA gent...
28/05/2026

💡 Quote of the day

“Do not save what is left after spending, but spend what is left after saving.”
— Warren Buffett

A gentle reminder that wealth building starts with intention, not whatever happens to be left over.

💰 Prioritise saving

📊 Set the strategy

🏡 Spend with purpose

📈 Build the future you actually want

It’s not about restriction.

It’s about creating choices, confidence, and a future you’re proud of.

Have you been thinking about your own personal economy?

I’m happy to lend an ear if you’d like to get it out into the open.

DM me for a confidential chat or at www.mikalhowardfinance.com.au/enquire.

🎓 Got a HECS/HELP debt that’s holding back your borrowing power?💪Good news: some lenders assess HECS/HELP debt different...
27/05/2026

🎓 Got a HECS/HELP debt that’s holding back your borrowing power?

💪Good news: some lenders assess HECS/HELP debt differently, which may improve your borrowing capacity.🏡

This can be a game-changer for:

🏡 First home buyers

📈 Upsizers

🔁 Refinancers

🎓 Borrowers with student debt

💰 Clients trying to maximise borrowing power

HELP debt does not automatically stop you from getting a home loan, but the way a lender assesses it can make a big difference.

💬 Want to see how this could work for you?

DM me or get in touch at www.mikalhowardfinance.com.au/enquire.

Let’s explore your options.

💔 Divorce is hard. Keeping your family home doesn’t have to be.Separation can be one of the most difficult times in your...
26/05/2026

💔 Divorce is hard. Keeping your family home doesn’t have to be.

Separation can be one of the most difficult times in your life; emotionally, financially and especially when children are involved.

For many families, staying in the home can make all the difference.

It creates stability, familiarity and comfort for the kids when everything else feels like it’s changing.

But trying to buy out your partner can feel overwhelming, especially when you’re unsure whether the numbers will stack up.

Here’s the good news:

✅ We work with lenders who understand separation and family law scenarios

✅ Some lenders may consider policy exceptions

✅ There may be options around refinance, cash out and property settlement

✅ We can help you understand your borrowing capacity and next steps

If staying in the family home is part of your plan, let’s explore your options.

We’ll guide you through it with care, clarity and confidentiality.

📞 Reach out for a private, no-pressure chat.

You don’t have to do this alone.

Send me a DM or visit www.mikalhowardfinance.com.au/enquire

Address

Wynn Vale, SA
5127

Opening Hours

Monday 9:30am - 5pm
Tuesday 9:30am - 5pm
Wednesday 9:30am - 5pm
Thursday 9:30am - 5pm
Friday 9:30am - 5pm

Telephone

+61419820366

Website

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