FAQ

Below are some frequently asked questions. If you can’t find an answer to your questions here, please use our contact form (on the right of the page) or head to our contact page for more specific contact details.

Q. Why should I get my loan with All Finanz Solutions?
All Finanz Solutions offers an extensive range of the most competitive loan products in the market, we can find a product to meet your circumstances. Combined with our commitment to customer service, the choice is simple!

Q. What products are available?
All Finanz Solutions has products to cover the purchase of just about anything – cars, boats, bikes, homes, business equipment, rural properties – you name it, we can find a product to finance it!
We also specialise in refinancing and debt consolidation.

Q. What do I do to get a loan?
Simply fill in our on-line application form, or call us on 1300 856 201, and one of our finance specialists will take down your application details over the phone.

Q. How do I pay off my loan quickly?
By putting in more money, you reduce your principal quickly and you can successfully shorten the term. 3 ways of achieving the goal of a quick payout include:

• Making additional lump sum payments
• Increasing your payment schedule to fortnightly instead of monthly
• Repaying more than your minimum repayment

Please call our consultants for full details.

Q. I am not sure if I qualify for a loan ?
All Finanz Solutions will be happy to discuss your options.  We can find the best loan to suit your needs from our panel of Lenders.

Q. How is interest calculated?
Interest is calculated on your outstanding balance on a daily basis and charged to your home loan account once a month. For this reason, and because of the number of days between interest charges varies, the amount of interest charged each month may also vary. To calculate monthly interest, the balance is multiplied by the interest rate %, then divided by 365 days in a year, then multiplied by the number of days in the current month.

Q. What is the minimum deposit required?
In some circumstances we may be able to look at a deposit as low as 5%, however there are various factors to be considered before we can advise what deposit you need in your own individual circumstances. Call 1300 856 201 or book an appointment with a consultant to discuss your situation. 

Q. How much can I borrow?
Your borrowing capacity differs from lender to lender. For an indication of how much you can borrow, try our handy borrowing power calculator. 

Q. Why would I take out an interest only loan?
This is a loan used mainly by property investors. It allows the borrower to pay only interest for an agreed period instead of principal and interest (i.e. the principal balance remains the same during the interest only period). This maximises the investors tax deductions whilst also freeing up cash flow for other investing opportunities.

Q. Can we use the home owners grant as part of our deposit?
In some circumstances you may be able to use the first home owners grant as part of your deposit. Book an appointment today to discuss your situation.

Q. Does All Finanz Solutions lend for Business/Commercial/Industrial loans or properties?
Yes, in some cases the loan must be secured by a Residential Property that has enough equity to cover any existing mortgage plus any new loan amount. Alternatively, All Finanz Solutions has a small panel of lenders that can lend against a commercial security. Call today to arrange a no-obligation appointment to discuss your needs.