Mortgage website
Client
mortgages.co.nz
Objective
To provide free and independent information that helps Kiwis make informed decisions about mortgages.
Excerpt
A revolving credit mortgage is like a large overdraft facility. You agree to a maximum borrowing limit, then you’re free to draw down (withdraw) or repay money as often as you choose. The interest is calculated on the daily balance and paid monthly from the same mortgage account.
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