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CFL Financial location Level 9, 360 Queen Street Brisbane, QLD 4000
fax CFL Financial 07 3328 8999
phone CFL Financial 07 3328 8988
Email CFL Financial mail@cflfinancial.com.au

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Retirement-in style

Retire in style checklist™

There are a few reasons why Business Owners need a Retire In Style Checklist

If you’re a successful and Motivated business owner, and want to set yourself up for retirement, this guide would be perfect for you. My clients who follow these 3 simple steps live with comfort, security and the peace of mind that financial success brings.

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The Retirement Prosperity Guide™

Make sure you don’t miss out on the Retirement Prosperity Guide

If you’re a busy Professional and you feel like you’re not building your wealth fast enough and you want smarter ways to utilise your cash flow, this guide is perfect for you. Clients who have used our strategies have the peace-of-mind knowing they have a ‘game plan’ for financial abundance.

Fixed vs variable loans

Posted on Nov 15, 2016 by CFL Financial

When choosing between a home loan with a fixed rate of interest and a home loan with a variable rate of interest, it is important to take both your personal and financial circumstances into consideration.

While both options offer certain advantages and disadvantages, individuals should consider what they will gain and lose through either option.

Fixed-rate home loans are often set for a certain period of time. They remain at the same rate over this period, regardless of whether the interest rate rises or falls. This can be both a good and a bad thing; if the interest rate rises, you will be paying less than the variable rate. However if the interest rate falls, then you will be repaying more than the variable rate.

With a fixed-rate home loan, you cannot make extra loan repayments and you may have to pay a ‘break fee’ if you change your loan or pay it off within the set period.

On the other hand, a home loan with a variable rate of interest can offer more flexibility as it allows individuals to make additional repayments over the course of the loan.

A variable rate home loan can also be more beneficial, especially since it allows individuals to take advantage of falling interest rates. However, if interest rates go up, the loan repayments may also increase. This can make it harder to budget for the future since you can’t know how the interest rates will move.

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Retirement-in style

Retire in style checklist™

There are a few reasons why Business Owners need a Retire In Style Checklist

If you’re a successful and Motivated business owner, and want to set yourself up for retirement, this guide would be perfect for you. My clients who follow these 3 simple steps live with comfort, security and the peace of mind that financial success brings.

Retirement-prosperity-thumbnail

The Retirement Prosperity Guide™

Make sure you don’t miss out on the Retirement Prosperity Guide

If you’re a busy Professional and you feel like you’re not building your wealth fast enough and you want smarter ways to utilise your cash flow, this guide is perfect for you. Clients who have used our strategies have the peace-of-mind knowing they have a ‘game plan’ for financial abundance.

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Email:
Phone: 07 3328 8988
Fax: 07 3328 8999

Office Location:
Level 9, 360 Queen Street
Brisbane
QLD 4000

Postal Address:
GPO Box 2468,
Brisbane,
QLD, 4001

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