A trusted local mortgage broker can help you find the right home loan to buy property in Hobart.
The capital of Tasmania, Hobart has plenty to offer to tourists and local residents alike. From the markets of Salamanca to the spectacular Derwent River, Hobart offers unique living opportunities you can’t find in any other Australian capital.
If you want to buy property in Hobart or its surrounding suburbs and you need to take out a home loan, find a local mortgage broker who can help you find the right home loan for your circumstances.
Which brokers have offices in Hobart?
- Mortgage World Tas
- Home Finance Centre of Australia
- Gloss Finance
- Integrity Innovative Loan Solutions
- Finance Designs
- Tassie Home Loans
- Simplified Mortgage Solutions
What will a typical mortgage cost in Hobart?
If you wanted to buy a property in Hobart at the median dwelling price of $350,000, a 20% deposit would be $70,000. Borrowing the remaining $280,000 at an interest rate of 4.50% for a 30-year term would result in monthly repayments of $1,418.72 and a total cost over the life of the loan of 510,738.79.
How is a mortgage broker paid?
Brokers are entitled to an initial commission when you apply for a loan, as well as a trailing commission each year based on the amount still owing on your mortgage.
How does a mortgage broker work?
Mortgage brokers have a duty of care to ensure that they match you with a loan that is ideal for your situation, so they will assess your finances before presenting you with a range of mortgage options.