Buy a home
By our calculations, it will take someone earning the average Australian salary up to 8-10 years to save a deposit to purchase the average Australian home. Over that time, prices are likely to go up, which means you need to save more while trying to keep a roof over your head.
Co-funding means you don’t have to wait any longer. You can start growing your nest egg while you live in the home you’ve always wanted.
If you’re a property investor, you can also use the nel.fund to build your portfolio faster.
Help my kids
We have lots of parents talk to us about how co-funding can be used by them to help their kids. The greater the co-funding percentage, the less the mortgage your kids may need for the balance.
We calculate the co-funding fee on the portion we fund based on a proprietary formula which typically results in a fee of 5% to 5.5% per annum. It’s easy to set it up so some of this fee is paid by you.
You can also talk to us about how to use some of your superannuation to invest in the nel.fund.
Unlock equity
Free up some cash by unlocking up to 50% of your home’s value for retirement or renovations by co-funding a portion of your home.
We’re co-funders, not lenders. So co-funding means you may be able to access more funds to make your dreams a reality.
It’s win, win. If you’re using the funds to renovate, you get to keep the upside created from any increased value.
