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.

• 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

• Our education centre, outlining all aspects of mortgages from beginner to advanced level
• Helpful mortgage calculators
• A step-by-step guide of what to expect during the loan process
• Our property inspection checklist (Landscape/Portrait)

Next Steps

• Calculate how much MyRate could save you on your purchase or refinance
• See MyRate's range of products and compare us to other lenders
• Work out how much you can borrow with MyRate
• Make an enquiry or contact us