Gwenda Rogers
Mob: 0424 325 603

138 Elizabeth Street
HOBART TAS 7000
Tel: 03 6231 3555
Fax: 03 6285 8048

Your Home Loans Mortgage Broker For Tasmania Hobart Launceston

Why Use Mortgage Choice In Tasmania?

1. WIDE CHOICE - Mortgage Choice uses unique Home Loan qualifier software which compares hundreds of loans to identify the most suitable loan for your unique situation.

2. CONVENIENCE - We can meet at the time and place that best suits you - Hobart, Launceston or anywhere in between.

3. WE OFFER HOME LOANS TO SUIT ANY SITUATION - First Home Buyers, Investors, Refinancing, Debt Consolidation, Home Construction Loans - whatever your situation we'll help you find the right home loan.

4. WE DO ALL THE WORK - We professionally manage every step of securing your Home Loan, from selection to application, right through to settlement and beyond.

5. MORTGAGE CHOICE DOES NOT CHARGE YOU FOR THIS SERVICE - The lenders pay us so our service costs you nothing.

Spring clean your mortgage with these tips

Giving your mortgage a spring clean for the year ahead can often end in a pleasing result. A good de-clutter never goes astray and often uncovers financial aspects of your life that need some reassessment or to be changed altogether. A simple adjustment could save you thousands of dollars.

For example, say you have a mortgage of $250,000 at 9.47% p.a., adjusting your budget to include $20 extra per week in your mortgage will save you over $105,000 in interest on the total loan amount plus reduces the loan term by over five years.

The spring season is a great time to get all your paperwork reorganised for the sunny months ahead so why not do this while you're giving your home a 'spring clean'. Then your home really is thoroughly cleared out and all set to enjoy with peace of mind".

  1. Look at your past year’s budget and expenditure to see what aspects of your spending you can move around so you can perhaps add extra dollars to your mortgage. Every little bit goes a long way to saving interest payments and time off the loan term.
  2. Get to know your mortgage. Recent research showed more than half of Australia’s mortgage holders do not know their mortgage interest rate. It is one of the biggest financial commitments a person can make so get to know all about it!
  3. Consider the mortgage features you use. Does your loan have a range of features you don’t use? You might be able to switch to a ‘cheaper’ loan with fewer options. Or, you may benefit from a loan with more features, such as an offset account.
  4. Look into debt consolidation if you are struggling with a range of debt repayments. By rolling your other debts into your mortgage you will pay less each repayment period and gain some peace of mind. However, remember that those debts will be stretched over a longer period i.e. your entire home loan term.
  5. Get a free home loan health check from a reputable mortgage broker. There is no obligation so no reason to not check you’re still doing the best thing by your mortgage.

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