Not only does a Redfrog Mortgage help you pay off your mortgage sooner, it allows you to wrap all your financial needs in one loan - up to 70% of the value of your home. You can include personal loans, credit card balances, even your overdraft.

A better rate

A Redfrog Mortgage puts the equity* in your home to work for you by giving you one low rate on every dollar you borrow. The result? A huge saving on your monthly interest payments.

Each day, the Redfrog Mortgage looks at your total financial picture - offsetting your various borrowings against the money remaining in your Redfrog account. At the end of the month, we simply add up these daily interest charges and debit your account.

*Note: To be eligible for a Redfrog Mortgage, you must have at least 30% equity in your home. 

A better way to save

By regularly depositing your income and savings into your Redfrog account, you can keep your borrowing to a minimum, cut your interest payments on a daily basis and get on with living your life. In fact, the interest you save is far more than you would most likely earn in any other savings account.

And because it's interest saved rather than interest earned, there's no tax to pay.

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