03/06/2026
Half of Australians now reach retirement still carrying a mortgage.
Let that sit for a minute.
This is not a side effect of the system. It is the system working exactly as designed. Banks profit from interest. Longer loans equal more interest. More interest equals higher share prices and happy shareholders.
The mechanism is simple. Loans are front-end loaded so the principal barely moves in the early years. Borrowers get frustrated. Refinancing is offered as the fix. The loan term resets back to 30. The marathon starts again.
Cheaper rate. Same 30-year clock. Same outcome.
The shortest loan is the cheapest loan. That is the rule banks do not want on a billboard.
Strategy first, rate second. Mortgage-free in half the time, on your terms, not the bank's.
Book your free strategy session: https://www.crownmoney.com.au/contact