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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*

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Glossary How to Save
     Rate 
(p.a.)
CCR#
(p.a.)
   
Loan Fees
myrate 8.78% 8.78% NIL*
Aussie 9.55% 9.60% $600
Westpac 9.61% 9.74% $600
St. George 9.67% 9.83% $700