Stop overpaying interest + start reducing your mortgage: Tips from financial expert Vincent Turner

Stop overpaying interest + start reducing your mortgage: Tips from financial expert Vincent Turner
Olivia RoundSeptember 7, 2020

Did you know that a significant portion of Australian homeowners part with thousands of dollars each year in unnecessary interest payments? A collective $4-8 billion.

Intrigued to learn more about why this is happening, I caught up with Uno Homeloans founder, Vincent Turner, who has dedicated his career to educating homeowners about their home loans and developing innovative finance technology to save them money. 

Vincent talks through some excellent strategies for reevaluating your home loan rate, how to reduce your mortgage debt faster and shares some of his top financial tips for homeowners. 

Watch the interview:

00:24 - Uno's role within the finance industry

01:28 - Australian homeowners are spending between $4-8 billion in unnecessary mortgage payments annually

02:24 - Negotiating a better rate with your current lender

03:44 - Uno's LoanScore

05:03 - Tips for managing your mortgage through the pandemic

06:28 - Tips for paying off your mortgage quicker

08:34 - How much of your salary should you be putting towards your home loan?

09:54 - What are your top 5 financial tips for homeowners?

More from Vincent Turner

Two key lender changes you need to know about before you get your loan

Uno Homeloans founder Vincent Turner shares financial advice every first home buyer needs to know

Olivia Round

Olivia Round is the Features Editor of urban.com.au. Olivia specialises in news reporting, in-depth editorial content and video + podcast interviews with industry experts.

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