home loan lender
award winning
low rate home loans
 
  Our Products  
 
  Borrowing With Us  
 
  Calculators  
 
  Purpose of Your Loan  
 
 
  Buying a new property  
 
  Refinancing  
 
  Buying your first home  
 
  Building or renovating  
 
  Property investment  
 
  Consolidating debts  
 
 
  Home Loans FAQ  
 
 
Follow us
 

I am buying a new property

Perhaps you're moving to a bigger home, or you've decided to get a cozy flat now that the kids have moved out. Whatever the reason, choosing a mortgage to go with your new home is a big decision.

Sticking with your original home loan might seem safe and easy, and you may avoid some switching fees. However there is a big advantage in shopping around: the mortgage market changes all the time. There are often great products/features available that beat your old loan. Potentially, you stand to save a very large amount on interest and fees – and secure better terms.

Financing with MyRate gives you:
  • one of the lowest interest rates in Australia
  • a range of great features (eg. free unlimited redraws and extra repayments)
  • no fees on standard applications*

Useful Resources


Next Steps

Was the information on this page helpful?  
how much can i borrow
home loan enquiry
Ask us a quick question  
Compare Us  
Lender % p.a CCR % Fees
MyRate 5.42 5.42 $0*
CBA 6.15 6.29 $600
St. George 6.49 6.65 $700
Westpac 6.51 6.64 $600
Compare more lenders
MyRate Update
Friday 17th May 2013

In line with the recent RBA rate cut, we are pleased to advise that our funder has reduced the rate on all variable rate loans by 0.25% effective the 17th of May 2013.

Our website is already reflecting these changes.

Did you know that MyRate can offer a 97% LVR on purchases including capitalised LMI? Enquire now to find out more.

Awards & Accreditations
Postcodes of MyRate funded loans
MyRate is a Kiva supporter