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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.
After entering your details a mortgage broker from Aussie will call you. They will discuss your situation and help you find a suitable loan.
The Adviser’s number 1 placed mortgage broker 8 years running (2013-2020)
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.
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.
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.
Learn about the broking process
Picture: Jeremy De Guzman, licensed under Creative Commons Attribution 2.0 Generic (image cropped)
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