Finance FAQs

Frequently asked questions

Asset-26

How do I afford to rent and build?

Is the thought of paying your mortgage AND rent at the same time giving you the sweats? What if we said you didn’t have to?

Meet: construction loans. Unlike traditional home loans, construction loans allow you to lend in stages rather than in one single (expensive) lump. It means you pay the smallest amount possible while your new home is built.

You’ll save thousands while you build, free up your finances for rent – or new furniture, fun! – and lift a whole lot of financial pressure off yourself.

Not sure where to start? Our finance brokers can help you break down what your future weekly repayments would be throughout construction, to ensure you’re comfortable and able to afford them.

Was this answer helpful?

Follow to our Instagram

Instagram Follow

Subscribe

Subscribe

To very infrequent but helpful content from the Vidas.

We hate spam. And sure it’s probably a little soon, but we love you and would NEVER give your information away. We really just want to send you helpful content every now and then.

Subscribe

We hate spam too, your deets are safe with us.