Here's how much your bank is stiffing you for being loyal!

Here's how much your bank is stiffing you for being loyal!

Remember the old days before settling down and becoming a first home buyer. You were used to flirting with banks to get the best mortgage deal on the market and read customer reviews like a millennial would swipe on Tinder. You found Mr Right-Deal and thought you would live happily ever after. As the years went by, your lender met other borrowers and stopped paying attention to your contract. Sounds familiar?

Home loan loyalty has cost Aussies a small fortune. Mozo ran an analysis last month: a borrower with an average big 4 home loan would pay $99,000 more over a 25-year term than a homeowner that signed up with the lowest rate loan by comparing and regularly renegotiating (a significant difference of around $4,000 each year!). 

If you think you might be paying the price of home loan loyalty, conduct an online home loan comparison and talk to a one of brokers.

Click below to access the online home loan comparison or to book a call with one of brokers.

 https://landing.newvisionfinancial.com.au or call 1300 422 506

Nomiki Georgiadis

For Busy Business Owners who want to step out of their business, enjoy Complete Business Reliability?SYSTEMology??Build a Consistent Client Flow Engine??Marketing Systems & Automations?Nurture & Convert biz enquiries

5 年

Ouch! those numbers are enough to turn heads.?

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