All-In-One Loans are essentially a transaction account and a home loan combined. They allow you to directly credit your salary or other income to the account and then withdraw your funds via ATM, EFTPOS, linked credit card or cheque book, as you need it. The major benefit of an All-In-One Loan is that it enables you to decrease your interest charges by keeping your funds in the account for as long as possible. The interest rate on All-In-One Loans may be slightly higher and you may also be charged a monthly access fee.
If you need more information on these types of home loan products and how they suit your individual home loan needs, our mortgage consultants can help.