09/06/2026
Are you paying a "Loyalty Tax" without even realising it? 🏠
It sounds backwards, but in the mortgage world, loyalty doesn’t always pay. Many lenders offer their sharpest interest rates to new customers to get them through the door, while long-term borrowers are left on older, higher rates. Over time, this gap: the Loyalty Tax: could be costing you thousands of dollars extra every year.
Why does this happen?
🔹 Banks focus on "front-book" rates to attract new business.
🔹 Existing loans often stay on products that aren't automatically updated.
🔹 Small rate differences add up fast over the life of your loan.
The good news? You don’t have to just accept it. Our Maroochydore team is here to help you navigate the options. We can review your current rate, negotiate with your existing lender on your behalf, or find a more competitive deal elsewhere.
Think of it as a financial health check. If you haven't reviewed your loan in the last 12 months, it’s definitely worth a look.
Send us a DM or visit our website to book a quick chat. Let's see if we can put that extra money back where it belongs: in your pocket.