That Home Loan Hub

• What would you do with $1,200 extra each month?

  Rates are finally drifting down—and the numbers are a game changer. We take a real $700k mortgage, drop the rate from 7% to 4.49%, and show how repayments tumble from about $4,657 to $3,543 a month. That’s roughly $1,200 back in your pocket every month, or around $324 a week. The big question becomes strategic: do you take the cash flow win, or keep your repayments the same and attack your principal to cut years off your term?We walk through both paths with live-style modelling and clear, simple math. If you’ve adapted to higher repayments, holding them steady at the lower rate can wipe about 11 years off a 30-year loan. If rates ease further—potentially towards 3.5%—and you maintain those higher repayments, you compound the effect and shave off even more years. We also get tactical on fixed-rate break decisions: when a $15k break fee can be outweighed by $18k in savings, how OCR timing can shift your fee if you wait, and why lender quotes usually expire by 4 p.m. the same day. No fluff—just practical steps to refix, refinance, or split portions so you can balance certainty, flexibility, and speed of payoff.Along the way, we talk through paying break fees upfront versus capitalising them, stress-test whether adding fees to the loan still leaves you better off, and outline how an adviser can map your options across banks and terms. Whether you need breathing room in your budget or you’re ready to crush the mortgage faster, a falling-rate environment gives you leverage—if you act on it with a plan. If you’ve got questions, ideas for future topics, or want tailored guidance, reach out. Subscribe, share with someone juggling a refix, and leave a quick review to help more Kiwis turn rate drops into real gains.Send us a text Support the showBuy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72

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• Inside AIA’s New Specialist & Testing Cover: Real Options When Full Health Insurance Is Too Pricey

  A cough, a reality check, and a genuinely helpful shift in health cover design. We dig into AIA’s new specialist and testing support add‑on—a smarter way to secure access to private specialists, diagnostics, and imaging without paying for full health insurance. If you’ve felt priced out of comprehensive cover, this conversation lays out a practical middle path that focuses on the high‑impact moments: getting answers fast so you can act with confidence.We talk through exactly what’s included, the annual caps ($10k for specialists, $100k for diagnostics and imaging), and how the optional $0 or $250 excess can trim premiums without gutting value. There’s also clear guidance on how this add‑on works: you attach it to a personal risk product like life, trauma, income or mortgage protection, or TPD. That bundling can be a win for affordability while building a solid safety net across diagnosis and financial protection. We also revisit AIA’s cancer‑only cover and why targeted products can be the difference between waiting months in the public system and moving quickly with private tests—especially when family history, work pressures, or kids’ health make delays costly.Beyond the features, we share how to decide what’s right for you: when full health makes sense, when cancer‑only is the best bet, and when specialist/testing delivers the greatest bang for your buck. We caution against social media hot takes that ignore exclusions and real claim outcomes, and we explain why reviews every one to two years matter as life shifts—new relationships, babies, graduations, or the mortgage finally paid off. If you’ve been asking, “Can I afford not to have cover?” this episode offers a clear way to compare options and design protection that fits your budget and your risk.If you found this helpful, follow the show, share it with someone weighing their insurance choices, and leave a review so others can find it too.Send us a text Support the showBuy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72

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• When Your First Home Isn't Your Forever Home: Lorraine's Story

  Stepping up the property ladder presents unique challenges compared to buying your first home – a reality Lorraine Peterson knows firsthand. Having sold her first property before securing her next one, Lorraine candidly shares her experience navigating the uncomfortable limbo between houses and the emotional rollercoaster that accompanies this major life transition.The conversation delves into the fascinating dynamics of buying and selling in a declining market. While Lorraine faced the disappointment of selling her renovated home for less than hoped, she's capitalizing on the same market conditions to purchase a larger property at a reduced price. This balanced perspective challenges the common fixation on market timing and emphasizes focusing on your family's changing needs instead – in Lorraine's case, moving closer to her children's schools as they enter college age.We explore practical strategies for those in similar situations, including the critical importance of conditional offers that protect you as both buyer and seller. Lorraine shares wisdom gained from unexpected challenges, from discovering pond-sized puddles in her yard after the first rainstorm to navigating the nuances of cross-lease properties. Her journey reinforces that your first home is rarely your forever home – it's simply the crucial first step onto the property ladder that enables future moves.For anyone contemplating their next property move while still owning their current home, this episode offers both practical advice and emotional reassurance. As Lorraine wisely reflects, "Don't give up. There is a property out there for you, there's always a way around challenges, and what's meant to be yours will be yours." Subscribe now and join our community of homeowners navigating the exciting journey of property ownership.Send us a text Support the showBuy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72

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• To Break or Not to Break: The $8,000 Question

  Are you trapped in a high fixed-rate mortgage while watching interest rates tumble? The financial sting of being locked into rates around 7% until 2028 or 2029 has many Kiwi homeowners questioning if they should break their fixed terms and refix at today's lower rates.This question doesn't have a simple answer. Breaking a fixed mortgage involves substantial upfront costs—we discuss one client facing an $8,000 break fee—but the long-term savings from dropping to a rate that's 2% lower might outweigh this initial pain. The calculation involves much more than comparing two numbers on a page.When considering a break, you'll need to evaluate immediate cash flow benefits (potentially reducing fortnightly payments from $800 to $600), long-term mortgage reduction (possibly shaving years off your loan term), available cash to cover break fees, potential cash incentives from new lenders if refinancing, and the crystal ball question nobody can answer: where are interest rates heading? With next year's election looming, economic factors become even more unpredictable.This is definitely not a DIY financial decision. Even as financial advisors, we consult mortgage specialists when making these decisions about our own mortgages. Each situation is unique, requiring personalized analysis of your specific numbers and circumstances. Whether you reach out to us or another mortgage professional, make sure you're getting expert guidance before making a decision that could impact your financial position for years to come.Send us a text Support the showBuy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72

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• Your Parents Couldn't Buy a Home, But You Absolutely Can

  What happens when you grow up hearing "people like us don't own homes"? That limiting belief gets passed down through generations, creating invisible barriers to financial freedom that can feel impossible to overcome.In this raw, emotional conversation, we share the inspiring journey of a client in his early 30s who just became the first person in three generations of his family to purchase a home. As immigrants ourselves, we understand the unique challenges faced by migrant communities and vulnerable populations when it comes to property ownership. Language barriers, cultural attitudes toward money, and a historical lack of financial education have created cycles that many struggle to break.The ripple effects of these success stories stretch far beyond individual homeowners. We discuss another client who grew up in state housing with a single mother, determined to change his family's trajectory. Not only did he build his own property portfolio, but he recently helped his 60+ year-old mother purchase her very first home – proving it's never too late to rewrite your family's financial story.Financial literacy remains a significant challenge across New Zealand. Recent research from the Retirement Commissioner reveals women retire with approximately 35% less in their KiwiSaver accounts than men, highlighting how these gaps disproportionately affect different populations. We explore how traditional gender roles in money management are shifting and the government's increasing focus on financial capability education.Are you ready to challenge what you've been told is possible? Whether you're considering your first home purchase or helping family members achieve their property dreams, this episode will inspire you to question inherited limitations and embrace new possibilities. What financial cycle will you break today?Send us a text Support the showBuy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72

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