Here at Taffy Finance, we specialise in taking the hard work out of finding the loan that suits you best.

SAVE OF THE WEEK

What an outstanding result!!

Another great week for us in continuing to strive to look after out clients and keep the big lenders honest at the same time.

More clients have taken us up on our offer to review their interest rates and seek better deals with their current lenders.

In one such case last week, we were able to achieve a discount well in excess of .5% and for one Macquarie Bank client, we were able to save them OVER $3400 a year, or over $280 per month in interest.

That’s a lot of beer a month!!  And this cost the client nothing – What an outstanding result!!

HUGE savings made

Another great week for us in continuing to strive to look after out clients and keep the big lenders honest at the same time.

This month, although the Reserve Bank reduced interest rates by .25% some of the major lenders chose not to pass this on.  As such some of our clients have taken us up on our offer to review their interest rates and seek better deals with their current lenders.

In two such cases this week, we were able to achieve discounts well in excess of .25%. For one Westpac client and another ANZ client, we were able to save them each almost $1000 a year, or over $90 per month in interest.

That’s two cartons of beer a month!! Great outcome I say!!

$225 per month SAVING

We have just had a great outcome for one of our clients.

Undertaking an annual review with our client we were able to re-negotiate the existing interest rate with his current bank. This meant no costs or hassle to refinance and in the process we saved them a whopping $225 per MONTH in interest!!  That means every repayment our client makes, an additional $225 is reducing the principal loan amount.

Gathering some key information and questions we were able to generate this huge saving and our client is ecstatic.

So if you, or anyone you know would like to see if you too can make these kinds of savings, why not give us a call at Taffy Finance and see if we can’t engineer a great saving for you.

Retirement Planning

This last month we have had an excellent outcome for one of our clients.

They are looking towards their retirement planning and had a number of things they wanted to achieve, however without getting their debt level and repayments under control, they would be not reducing debt at any great speed.

Upon speaking with us, we were able to amalgamate their many loans into one home loan repayment. We did this over a slightly shorter term, but in the process saved them over $600 per month in repayments. That is a huge $7200 per year.

This saving put our clients back in control of their destiny – if they wished this surplus can be paid off their home loan, which means straight off the principal debt, not continuing to just meet interest payments on credit cards and unsecured personal loans.

Alternatively, with guidance from their financial planner, they could contribute extra to Superannuation – Ultimately it is their call as they are now back in control.

For the sake of some key information and questions, we were able to generate this huge saving and our clients are ecstatic.

So if you, or anyone you know, have some high interest rate loans or high credit card debt, why not give us a call at Taffy Finance and see if we can’t engineer a great saving for you.

Saving of $13,500 p.a.

We converted a client’s Line of Credit facility, into a Variable Rate home loan with a 100% offset account – the overall impact was a savings of 2.25% and on a loan amount of $600,000 amounted to an interest saving of $13,500 each year of $1,125 per month! Great save…

A good reason to review your home loan

We actually did not change anything for one client – just went back to their bank and asked them to review their variable rate – this took no time and for a $520k loan we achieved a saving of 0.31% which amounted to interest saved of $134 per month – better in the client’s pocket that the bank’s I say!

Saving of $5,200 p.a.

As a result of an annual review for one of our clients – what an outcome … 0.95% interest rate reduction with a saving of $5,200 per annum.

Clients saved from car yard extortion

Taffy’s save of the week … When asked if we could match a “really good quote” from a car yard for a vehicle finance facility over 3 year term, we even surprised ourselves.

We saved the clients over $260 per month for their car – this is a total saving of over $9,000 over the three years. Can you or anyone you know afford to just take the car yards “really good quote”?

Big Banks take loyalty for granted

One of our clients with a major bank felt they were doing well at 4.9% interest rate.

They had been with them for 7 years and felt sure the bank was looking after them.

After conducting a review of their financial position, we obtained a property valuation, free of charge, and found we could refinance them into a new loan with a well-known lender, at a rate of 4.13%.

This is a saving of over $240 per month or $2880 for the year.
That is not including the additional benefit of a 100% offset account – which will save them an additional $68 per month.

How much are you missing out on???

$80 per week every week

We had a client come to us about their business loan with ANZ, who would not review their interest rate on this loan, nor their linked home loans.

After undertaking a full review and assessing what was available in the market, we have been able to save these clients an excellent $80 per week!

The loans are identical to what they have now, but with much more competitive interest rates.
Wouldn’t you like an extra $80 per week??? Call us now to see what we can do for you or your friends.

Let’s keep your current lender on their toes

This week we looked after one of our clients who we could not refinance.

However, when putting some recent changes in our clients circumstances to their lender, we achieved a 0.7% reduction in their interest rate – at no cost.

This resulted in a saving of $265 per month…what a save!

Getting your structure right equals real savings

This week it’s not about interest rates, although we have saved a client interest by refinancing from a 5.15% loan to a 4.4% loan.

The real savings will be created by working with the client to set the actual repayments they want to make work around their budget.

Rather than take the banks monthly repayment, we worked back from what the client felt they could afford to pay.

So the loan contract is still undertaken over 30 years to provide maximum flexibility in the event circumstances change.

But, by setting the repayments fortnightly and in line with clients budget and goals, we will see this loan paid off in under 6 years!!

This is an immense saving in interest over the course of the loan, and will set the clients up for life.
Remember, taffy finance works for you, not for the lenders!!

Let us give you peace of mind or savings

This week we didn’t need to refinance a client. We looked at what was on offer elsewhere and asked the clients existing lender to match the other rates. This resulted in a .25% reduction in interest rate, without incurring any cost. For this client the saving is $255 per month!! If this interests you.all we need is your current loan statements and we take it from there.

Let us give you peace of mind, or give you savings…

Saved $151 per month

Back when the banks were increasing their interest rates, we had a client with Westpac who decided it was long overdue to review their loan.

As it was an investment loan, they were paying a premium interest rate. So we looked at what other variable rate options they qualified with, enabling them to continue with an interest only loan for the next 5 years.

We were able to move them from Westpac at 4.99% to a smaller lender at 4.47%. On their $350k loan this amounted to a saving of $151 per month!! Great save…..