For your mortgage repayment benefit, Paywise is pleased to offer the flexibility of having your benefit paid directly onto your home loan or into your bank account.
Either way, we make deductions from your pre-tax salary, meaning you’ll pay less tax. We then deposit the funds directly into your home loan account, or into your nominated bank account. It’s up to you!
How it works.
We receive ‘substantiation’ from you of your mortgage repayment commitments, then we arrange an ongoing payment for a period of up to five years without you having to continually re-substantiate the expense.
Whichever option you choose, please remember that under tax rulings the mortgage must be for your primary residence.
