Buying guide
Revolving credit mortgages: what are they & how do they work?
Everything you need to know about this useful but potentially expensive home loan feature

What is a revolving credit mortgage?
The benefits of a revolving credits
May help you pay your mortgage off faster
Extra flexibility
Revolving credits can be great but they can be expensive if they're not managed well.
Lower interest rate than a bank overdraft
Only pay interest on money you’ve used
The drawbacks of revolving credits
You need to be disciplined
They’re expensive
Make sure you do your homework before applying for a revolving credit.
Making a revolving credit work for you
Get expert advice before signing on the dotted line
Author
Discover More

Listings with swimming pools, who wants a house with a pool, and latest trends in swimming pool design.
Does a pool add value to your home? Discover new design trends, maintenance-saving tech, and expert real estate advice.

44 districts with house prices under national average
Explore these pockets of affordability across Aotearoa.
Search
Other articles you might like


-fotor-2024040216482.jpg)



