Find an experienced local mortgage broker who can match you with the right home loan to buy a property in Fremantle.
The port city of Fremantle sits in an enviable location at the mouth of the Swan River. Sometimes referred to as Western Australia’s second city, Fremantle is known for its heritage buildings, alfresco dining culture and annual festivals. The city is also home to Western Australia’s largest working port and boasts employment opportunities across a wide range of industries.
If you’d like to call Fremantle home, you’ll need to find the financing you need to make your home ownership dream come true. The best way to find a mortgage that satisfies your borrowing needs is to get help from a local mortgage broker.
Which brokers have offices in Fremantle?
- Smartline Personal Mortgage Advisers
- Total Choice Home Loans
- Element Finance Fremantle
- Voyage Financial
- Loan Monster
- The Mortgage Gallery
- Your Local Finance Fremantle
- Contemporary Home Loans
What will a typical mortgage cost in Fremantle?
As the median house price in Fremantle is $725,000, a 20% deposit would be $145,000. Borrowing the remaining balance of $580,000 on a 30-year loan term at an interest rate of 4.5% p.a. would result in monthly repayment amounts of $2,938.77. The total cost of the loan over its life would be $1,057,958.93.
How is a mortgage broker paid?
Brokers make money on the commissions they receive from lenders for generating new business. They receive an upfront commission from the lender when you sign up for a loan, plus a trailing commission each year that is calculated based on the amount you still owe on your loan.
How does a mortgage broker work?
Your mortgage broker will examine your income and your borrowing requirements to determine what you need in a home loan. You will then be offered a selection of home loans from a panel of lenders.