Let a professional mortgage broker help you find the perfect home loan for your Darwin property purchase.
Sitting on the shores of the Timor Sea and boasting one of the most relaxed lifestyles you’ll find anywhere in the world, Darwin is a city with a difference. The smallest of Australia’s capital cities, Darwin looks out over its harbour and is famous for its warm climate, its vibrant festivals and events, and its abundant recreational opportunities in the great outdoors.
If you want to buy property in Darwin and you need to borrow money to do so, ask a local mortgage broker to help you find the perfect loan for your financial situation.
Which brokers have offices in Darwin?
- Darwin Mortgage Broker
- AFA Mortgage Solutions
- Darwin Home Loans
- Jeff Pinkerton Finance
What will a typical mortgage cost in Darwin?
The median unit price in Darwin is $460,000, which means a 20% deposit would be $92,000. If you then borrowed the remaining $368,000 at 4.50% p.a. on a 30-year loan, your monthly repayment amount would be $1,864.60 and the total cost over the life of the loan would be $671,256.70.
How is a mortgage broker paid?
Lenders pay commissions to mortgage brokers for sending new customers in their direction. A broker receives an upfront commission when you take out a loan and a trailing commission every year you still owe money on your mortgage.
How does a mortgage broker work?
Mortgage brokers have a responsibility to act in your best financial interests and help you find a home loan you can afford to repay. So after assessing your finances and the amount you wish to borrow, a broker will present you with a selection of loans from their panel of lenders that have all the features you require.