Mortgage vs super: Where should you put your extra money?
It's an age old question - are you better off putting extra money into your home loan or super? We look at how the numbers stack up and the pros and cons of each option.
So you have an extra $200 a month and are tossing up whether you should use that to pay off your mortgage faster or top up your super. Or maybe you are expecting a tax refund of a few thousand dollars and are curious whether you'll get more bang for your buck by adding it to your mortgage or your super.
The Canstar research team has crunched the numbers for those two scenarios to give you an idea of what the potential impact would be. Click here to read more.
To find out more about WLM Financial's Financial Planning services, click here.