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Melanie Mitchell

Mortgage Broker Scarborough | Scarborough Home Loans

Start your home loan journey today

Mortgage Brokers Scarborough

Home to pristine white sands, incredible surf, and the only beachside pool in Western Australia, Scarborough is the coastal haven you’ve been dreaming of. A short trip from Perth’s city centre, Scarborough boasts a thriving community full of boutique cafes, casual-chic eateries, and plenty of green spaces for the whole family to enjoy. Live every day like it’s a holiday in Scarborough!

In 2022, median property prices reached $929,000 for houses and $550,000 for apartments. If you’re looking for a property in the Scarborough area, contact Melanie and Alex Mitchell at Mortgage Choice in Scarborough today to get started. 

Fixed vs Variable loans

When you’re selecting a home loan, one of the biggest questions is whether you should go with a fixed or variable rate. Ultimately, the decision will depend on your personal situation and preferences, and your local brokers here at Mortgage Choice in Scarborough can help guide you to the best choice. 

Benefits of a fixed rate loan:

  • Stability and consistency
  • Predictable mortgage repayments
  • Peace of mind in case of rate rises

However, fixed rates often incur significant breaking costs, and there is no opportunity to reduce your repayments if rates go down.

Benefits of a variable rate loan:

  • Flexibility to make additional repayments
  • Extra features such as a redraw facility
  • Potential to decrease your repayments

But, you are at the mercy of rate rises, which may end up costing you.

Melanie Mitchell and the team at Mortgage Choice in Scarborough can talk you through all sides of this decision and advise you on which option will be best for you - both now and in the future. Get in touch today on 0488 588 851 to get started!

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Call Melanie Mitchell now on 0488 588 851 to discuss your home loan

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