Your Mortgage Co.

06/01/2025

If you make the minimum repayments on a $500,000 mortgage, over 30 years the bank will pocket over $602,000 in interest.

If you pay $500 extra per month, you'll pay $210,000 less interest and clear your loan in just 21 years.

If you pay $1,000 extra per month, you'll pay $306,000 less interest and clear your loan in just 16.5 years.

*Calculations based on an interest rate of 6.20%p.a. and a no fee home loan. Rounded to nearest thousand.

06/01/2025

If you want to clear your debt sooner, let us help you.

23/07/2024

When was the last time your bank offered you a lower rate?

Regular rate renegotiations are a core component of our ongoing service to you.

05/07/2024

"A banking licence in Australia is essentially a licence to print money and Australia’s banking market is best described as an oligopoly. This structure is bad for consumers because the major banks have a competitive advantage over their rivals. Lower capital costs, the backing of government guarantees, as well as policies and pricing that often appear to be in lockstep, all lead to poorer outcomes for consumers".

“A Broker’s primary value offering to a client is service and trusted advice. As I often say in our office, ‘the banks have tellers, but we have listeners.’ Secondary to our service proposition, a Broker provides choice. Having access to dozens of different products is a real advantage and enables us to focus on service, knowing that the product we are offering the client is truly the best for them".

You can read my full comments here: https://www.mortgagebusiness.com.au/lender/19237-the-impact-of-mergers-on-brokers

14/12/2022

Hello from our new Your Mortgage Co. office in Woodside.

Contact us for all your home, investment, commercial and business finance needs.

Michael Arbon - Mortgage Broker

03/11/2022

Your Mortgage Co. have opened our new office in the beautiful Adelaide Hills.

We love to call this community home and look forward to sharing our Woodside base with you all.

02/11/2021

An update on house prices 📚

18/08/2021

We’re here for the life of your loan.

16/06/2021

Something to think about in these crazy times 📈

18/05/2021

A neglected one bedroom home on a 127sqm block in Sydney's Camperdown recently sold for $1.62m. Sydney's median house price now exceeds $1.3m.

Here in Adelaide, our median house price still sits around $600k.

To buy a home for the Median value in Adelaide and borrow 80%, you would have to contribute a deposit of $155,000. In Sydney, this figure would be a staggering $322,000.

With interest rates at record lows, there has never been a better time to pay down your debt and build up a buffer. Getting ahead now will assist with providing comfort when the cost of money eventually increases, which it will.

A dilapidated one-bedroom home that has a hole in the ceiling and hasn't been maintained for more than 50 years becomes one of the most expensive properties for its size in the Harbour City.