The Defence Bank blog
Redraw and offset accounts both offer opportunities to save on home loan interest and become mortgage-free sooner. But there are key differences between the two. We weigh up how redraw works compared to offset.
The loan-to-value ratio – or LVR – refers to the percentage of your home’s value you are borrowing through a home loan. The bigger your deposit, the lower your LVR – and the more you can save on loan interest.
Which is better – a personal loan or a credit card? Both are useful financial tools, and making the right choice can come down to your personal goals and knowing your spending habits.
A first home buyer in Ipswich says the First Home Loan Deposit Scheme has saved him thousands of dollars and helped achieve his dream of home ownership much sooner.
Welcome to Australia’s Defence Bank. Here are the first seven things you should do to make the most of your membership.
The story of how a stray called Winnie matched with ex-RAAF member David.
Want to reduce the interest you pay on your mortgage? Here's how an offset account can do that.
We are constantly in contact with our members. Here are six of the most common myths we’re hearing about Defence Bank.
Our award-winning app lets you see all the merchant details available on a particular transaction.