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Repay Faster

If your objective is to pay your loan principal down as fast as possible then you may want to use mortgage minimisation. This involves having your income paid directly into your loan account and paying bills by credit card or cheque directly from your loan account.

Many people believe they need a full line of credit for this purpose. The Onyx home loan can use a partial line of credit combined with your standard home loan to provide the same functionality at a reduced cost.

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