ANZ FlexiPlus puts you in control of your home loan. But it’s equally important that you are able to take control of your spending and not give in to the temptation of ready credit. The results you’ll see using the ANZ FlexiPlus Home Loan Planner depend on you creating an accurate budget and sticking to it. As long as you’re a good money manager, then ANZ FlexiPlus can be a positive step towards reducing your debt and growing your future wealth.
Jane & Matt have a $175,000 home loan. Their combined earnings are $100,000 a year and they receive an additional $110 a week from their flatmate. In the second year of their loan they spent $6000 landscaping the front and back gardens, and in the sixth year their income dropped to $55,000 a year after Jane stopped working. Yet with ANZ FlexiPlus Jane and Matt still managed to pay off their loan in just 16 years and 6 months, and saved $134,945 in interest compared with a standard 25 year loan.
ANZ FlexiPlus is a long-term savings strategy that with careful management can enable you to repay debt faster so that, once you are debt-free, you can start growing your savings sooner.
- You decide how much and how often you borrow. And you decide how much and how often you make repayments, as long your salary or rental income is direct credited into your ANZ FlexiPlus account.
- Every deposit you make into your ANZ FlexiPlus account, you're reducing the size of your loan and the amount of interest you pay.
- As long as you have credit available you can rationalise other borrowings, such as personal loans or credit cards, into your ANZ FlexiPlus to take advantage of its competitive interest rate.
- You can use ANZ FlexiPlus as the place to put aside provisions for tax, spare cash windfalls and other lump sums, while maintaining access to these funds at any time.
- You can repay your entire loan balance at any time without an Early Repayment Charge.
Download the ANZ FlexiPlus Planner to calculate how much you could be saving
The planner will help you…
- find out if ANZ FlexiPlus suits your needs
- work out your budget and your surplus income
- track the results and savings you could achieve with an ANZ FlexiPlus loan
- compare your ANZ FlexiPlus results to other home loan options
- print out loan comparison reports and a budget summary
Download ANZ FlexiPlus Service
Minimum Requirements:
- Windows 95
- Microsoft Internet Explorer 4
- 400 KB of memory
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