Sorry, I made another mistake when I said the rate will always be the SAME, I should have written it will always be LOWER then one made with a different bank on the SAME DAY

Thanks to everybody for the reply.
I honestly don`t know were to go, am I an Engineer and I can do the math but I understand nothing about investments.
Sorry I wasn`t clear when I said the interst would be 60000$, what I meant was the difference of a 0.5% in 30years.
So, in case I get an interest of 5% today more then 4.48% I would pay 60000$ more…[Read more]

Hi everyone,
I am new to the forum and I need some advice about my first home.
I don`t know if this forum is meant to be for investors or also for everyone else.
We are buying our first home and the cheapest interest rate is 4.48% which is 0.5% less then the cheapest, I was advice of, from a bank (Suncorp 4.99%)
On an loan of 450000$ means an…[Read more]