At Arafura Finance Brokers, we know how exiting a new set of wheels can be - whether that be an SUV, Ute, EV or even extending to caravans for those getaways!

The great news is, we can help finance your new car (or caravan), with various loan options to suit.

Cashbacks are changing all the time so please contact us so we can check for you. Cashbacks are based on the loan type, loan amount and loan to valuation ratio.

Here is a list of some of the Cashbacks available May 2023.

In May 2023 the following changes have been announced:

Eligibility criteria for all elements of the scheme – including the First Home Guarantee, the Regional First Home Buyer Guarantee, and the Family Home Guarantee – will be expanded as the Government continues to address Australia’s housing challenges.

Among the main changes are:

We all know life can get messy.

Chances are you’re juggling a career, family and social life, all whilst trying to earn enough money to pay off your mortgage and other debts you’ve accumulated over time. Keeping track of all these small payments can feel like an overwhelming burden.

I have a solution that could make your life easier.

Rising house prices are making it increasingly difficult to enter the market. Parents who guarantee their children’s loans can help, but it is important to understand how this can impact the parents’ retirement or investment plans.

Being a guarantor generally means using the equity in your own property as security for your child’s home loan. It can help a first-home buyer to secure finance for a property they can afford but may not have a large enough deposit for, and to avoid the added cost of lenders mortgage insurance.