How We Help You Understand Your Home Loan Purchase With Our Detailed Finance Breakdowns
When you’re looking to buy your dream home, it’s crucial to have a detailed finance breakdown to understand your best options.
At North Brisbane Mortgage Brokers, we provide detailed structures and numbers to highlight every aspect of your home loan and purchase costs. This ensures you’re fully informed, ready for the next step, and confident in your decision.
Talk to our Team today if you’re interested in your own breakdown
What We Provide in Our Home Loan Breakdown
Our expert team helps you by providing a comprehensive financial analysis. We ensure all the details are easy to understand, from the total funds required to the loan repayment options.
Detailed Funds Breakdown – How Much Money Do You Really Need?
We give you an accurate estimate of the funds required to make your home purchase. Here’s an example of a recent breakdown we provided:
Breakdown for a $650,000 Property Purchase:
- Purchase Price: $650,000
- Loan Amount (95% LVR): $617,500
- Total Contribution (Your Savings): $38,500
- Total Funds Needed: $650,000 (purchase) + $6,000 (fees) = $656,000
Understanding Your Loan Structure and What You Need to Know
We break down the loan options available to you. This service is incredibly helpful for first-home-buyers. Whether you choose a variable or fixed loan, we’ll guide you through the pros and cons of each, helping you decide what best suits your financial situation.
Loan Options:
-
Variable Loan:
- Interest Rate: 6.22%
- Loan Amount: $617,500
- Term: 30 years
- Monthly Repayments: $3,791 (approx. $875/week)
-
Fixed Loan (2 Years):
- Interest Rate: 5.99%
- Loan Amount: $617,500
- Term: 30 years
- Monthly Repayments: $3,699 (approx. $854/week)
Both options come with additional features, like unlimited extra repayments and a redraw facility for the variable loan, and capped extra repayments for the fixed loan.
We help you understand these specific finance breakdowns and options so you can make an informed choice based on real data.
Breaking Down Additional Fees So You Know What You’re Paying For
We help you understand all the associated costs with your home loan application. This includes government fees, bank charges, and solicitor costs.
Here’s an example of how we break it down:
| Fee Type | Amount |
| Application Fee | $395 |
| Valuation Fee | $0 |
| Title Search (Gov.) | $36 |
| Mortgage Lodgement Fee (Gov.) | $232 |
| Stamp Duty (Gov.) | $0 |
| Mortgage Transfer Fee (Gov.) | $2,280 |
| Settlement Fee | $250 |
| Rates Adjustment | $500 |
| Solicitor Fee | $2,000 |
| Total Fees | $5,925 |
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How We Help You Save Time and Money
Our personalised finance breakdowns go beyond just numbers – they provide clarity, transparency, and peace of mind. By presenting your options clearly, we save you time by simplifying the decision-making process and help you avoid unnecessary costs or confusion along the way.
Ready to Understand Your Home Loan? Get Started Today!
If you’re ready to find out exactly how much you need for your home purchase, we can provide a tailored analysis. Our team will work with you to break down your home loan in a way that suits your unique financial situation.
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Get Your Home Loan Breakdown Now
Purchasing your first home isn’t as complicated as you might expect. At North Brisbane Mortgage Brokers, our focus is on making the process as easy as possible for you, while getting you the best loan to meet your needs.
Getting started is as simple as reaching out to one of our friendly team. Reach out to one of the team at North Brisbane Mortgage Brokers to get started on making your home loan dreams a reality!
Consider us your first call when thinking about a dedicated first home buyer mortgage broker.
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