Command The Best Home Loan Rates | MyMortgageTracker
Are you tired of constantly worrying about your mortgage and whether you have the best deal? Are you unsure if you’re making the right decisions when it comes to your home finance? Look no further than MyMortgageTracker by ScaleMortgage.
MyMortgageTracker is a revolutionary loan management service that keeps track of your mortgage and ensures that you’re in the right mortgage product for your needs.
Imagine a home loan health check that is constantly running in the background and ensuring that you’re in the right mortgage. MyMortgageTracker is a paid service offered by ScaleMortgage, one of Australia’s most innovative mortgage brokers.
How Does MyMortgageTracker Work?
MyMortgageTracker is a simple to access service. All you have to do is share a few details about your mortgage, such as your loan amount, interest rate, and the lender. Our expert team will then analyse your information and track your mortgage to ensure that you are always in your best mortgage product for your needs.
You’re provided regular updates on your mortgage, including any changes in interest rates or loan options, so you can make informed decisions about your home finance.
Mortgage tracking is crucial for anyone with a home loan. Here’s why.
Get the Best Mortgage Rates
One of the main benefits of our mortgage tracker is that you have direct access to our best rates. With MyMortgageTracker, our team of experts will constantly monitor the market and your mortgage to ensure that you are always in the right mortgage product for your needs. This means you can save thousands of dollars in interest over the life of your loan.
Stay on Top of Interest Rates
Interest rates are constantly changing, and it can be challenging to keep up with them. With MyMortgageTracker, you don’t have to worry about constantly checking for changes in interest rates. Sit back and relax while our team reviews the latest RBA Cash Rate Data, and stay at the forefront of current lender offerings.
Understand Your Loan Options
There are many different loan options available, and it can be overwhelming to try and understand them all. MyMortgageTracker simplifies this process by providing you with a clear overview of your loan options and how they affect your mortgage. This allows you to make informed decisions about your home finance.
Save Money on Your Mortgage
By ensuring that you always have the right mortgage product for your needs, MyMortgageTracker can save you money over the life of your loan. This means more money in your pocket and less stress about your mortgage.
How Does MyMortgageTracker Compare to Other Mortgage Tracking Tools?
There are many mortgage tracking tools available, but MyMortgageTracker stands out for several reasons.
Personalised Service
Unlike other mortgage tracking tools, MyMortgageTracker is offered by ScaleMortgage, one of Australia’s best mortgage brokers. This means you get an expert team who are dedicated to helping you achieve your financial goals.
Regular Updates
Many mortgage tracking tools only provide updates on your mortgage once a year. MyMortgageTracker, on the other hand, is always running and comparing your loan against our expansive panel of lenders. This allows you to make informed decisions about your home finance and stay on top of any changes in the market.
How much does MyMortgageTracker cost?
MyMortgageTracker is a free service available to all clients. For new customers who are not currently clients of ScaleMortgage and wish to utilise MyMortgageTracker, there is a fee of $120 per year for the first loan managed and $75 per year for each additional loan managed thereafter.
FAQ
Which Bank Has the Best Interest Rate?
With our best rates, the best interest rate for your mortgage is never far away. The specific rate will depend on your individual circumstances and the current market. MyMortgageTracker can help you find your best interest rate and ensure that you are always in the right mortgage product.
Will Interest Rates Go Down in 2024?
Predicting future interest rates is unpredictable, but MyMortgageTracker can help you monitor changes and make informed decisions about your home loan. If the RBA lowers the cash rate, we will be proactive in finding better mortgage products for you. Stay ahead of the game with MyMortgageTracker and stay informed about potential changes in interest rates.
What is Principal and Interest?
Principal and interest is a type of loan where your repayments go towards both the amount you borrowed (the principal) and the interest charged by the lender. This is the most common type of home loan in Australia.
What is the Life of the Loan?
The life of the loan refers to the entire duration of your mortgage, from the time you take out the loan until it is fully paid off.
What is the Cash Rate?
The cash rate is the interest rate set by the Reserve Bank of Australia (RBA) and is used to influence the interest rates set by banks and other lenders.
How Do I Calculate My Home Loan Repayments?
Calculating your home loan repayments can be complicated, as it depends on several factors such as your loan amount, interest rate, and loan term. MyMortgageTracker can help you understand your home loan repayments and how they may change over time.
How Do I Compare Home Loans?
Comparing home loans can be overwhelming, as there are many different factors to consider. MyMortgageTracker simplifies this process by providing a clear overview of your loan options and how they affect your mortgage.
Take Control of Your Mortgage with MyMortgageTracker
Don’t let your mortgage control you. Take control of your home finance with MyMortgageTracker by ScaleMortgage. Our team of experts will track your mortgage and ensure that you are always in the best mortgage product for your needs. Sign up today and start saving money on your mortgage.