Mortgage Brokers Kalamunda | Home Loans
Buying a property in Kalamunda? We can help!
Kalamunda is a lovely, quiet and green suburb, that is perfect to raise a family in. Kalamunda also features many cafes and restaurants that locals love to dine at after their adventurous day bushwalking and discovering their local area.
Last year, the median house price in Kalamunda was $730,000 for houses and $434,500 for units, so if you have been thinking about purchasing a property in this region, get in touch with our team. As your local home loan expert in Kalamunda, Forrestfield and Midland, Daniel Griffiths can help you assess the mortgage market and find a home loan that’s tailored to your individual needs.
Daniel Griffiths will discuss your borrowing options and take you through the home loan process.
Start your home loan journey today
If you’re applying for your first home loan or looking to refinance your existing mortgage, you might be wondering whether you should choose a fixed or variable interest rate. There are pros and cons to both.
The benefit of a variable interest rate is that you can benefit when the RBA or your lender drops interest rates. Conversely, if rates rise, your home loan interest rate may rise.
On the other hand, fixed interest rates come with a set interest rate for a set period of time, which means you have the certainty of knowing what your monthly repayments will be for the duration of the fixed period.
For example, you may decide to fix at 2.99% for 3 years. The good thing is, you can get the best of both worlds by splitting your loan into a fixed and a variable portion. This means you can fix part of your loan and enjoy repayment certainty and also benefit from rate drops.
