Buying a home
Buying or renovating a home can be an exciting time, but it can also be a stressful one. Taking on new debt is something you should consider carefully and we can help you work out a debt management plan. We're here to help ensure your financial future stays on track, so you have time to enjoy the finer things in life.
Here are a few things to consider when making a big financial commitment:
- does your insurance cover meet your financial obligations? Buying a new home or investment property in Australia could be considered a significant life event. You may be eligible to increase your level of insurance cover without having to provide medical evidence
- have you considered how you'll manage your debt and cash flow after taking on a larger financial commitment? We can help you work out a debt plan that suits your lifestyle
- what happens to your estate if you die? Have you reviewed your nominated beneficiary/ies? Now is the time to make any changes based on assets.
Using super to save for a home deposit
Eligible first home buyers can use their super account to help save for a house deposit through the first home super saver (FHSS) scheme. Find out more details about how the scheme works.
Need advice on strategies to pay off your home loan sooner?
To explore all the options available to you, you may want to consider speaking to a financial adviser. To speak to an Adviser from TelstraSuper Financial Planning call 1300 033 166 or fill in our online contact form to have an adviser give you a call.
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