Covering Hobart, Launceston, Devonport, Burnie, St Helens and throughout Tasmania

Call: 03 6333 0444

Our team in Tasmania research & compare home loans from over 35
lenders to match the one for you, not the lender.

Contact Peter Reynolds on 0439 768781 or Carlee Robinson on 0403 897697 today!

Call Us Mortgage Choice Launceston
Office - 03 6333 0444
Fax - 03 6333 0445

Open Hours Mortgage Choice Launceston
Monday - Friday: 9:00am - 5:00pm
After hours by appointment
Free Appointment

Address

85a George Street LAUNCESTON, TAS 7250

Latest home loan interest rates

Starting from

p.a.

Comparison rate

p.a.

Disclaimer: Interest rate associated with | minimum loan size: . Further conditions, fees and charges may apply.

Start your home loan journey today

Covering Hobart, Launceston, Devonport, Burnie, St Helens and throughout Tasmania.

When it comes to choosing a mortgage broker, there are numerous options available. Mortgage Choice Tasmania stands out as the premier choice for several compelling reasons:

1. Local Expertise: We have an in-depth understanding of the local markets and the unique needs of local residents.

2. Comprehensive Services: We offer a comprehensive range of services beyond just mortgages. We provide holistic solutions to help you achieve your long-term financial goals.

3. Personalized Approach: At Mortgage Choice Tasmania we believe in taking a personalized approach to every client interaction, understanding your individual circumstances, preferences, and objectives.

4. Access to Leading Lenders: With access to an extensive panel of lenders, with over 35 financial institutions.

5. Transparent and Honest: Transparency and honesty are at the core of our values, providing clear and straightforward advice for you to make an educated assessment.

6. Exceptional Customer Service: We strive to provide a seamless and stress-free experience, keeping you informed every step of the way.

7. Proven Track Record: Mortgage Choice Tasmania has earned a reputation as a trusted and reliable partner in the community.

In summary, when you choose Mortgage Choice Tasmania you're choosing a local partner with the expertise, resources, and dedication to help you achieve your financial goals.

Contact Peter on 0439 768781 or peter.reynolds@mortgagechoice.com.au, and Carlee on 0403 897697 or carlee.robinson@mortgagechoice.com.au.

We focus on your needs

At Mortgage Choice we recognise that no two clients are the same, so we take the time to assess your individual needs and help you find the loan that works for you.

We can assist you with:

Purchasing your first home
Selling your current home and upgrading
Purchasing vacant land
Building a new home
Investing in property
Consolidating debts
Refinancing or topping up your existing loan
Loans for self-employed
Buying out ex-partner due to separation or divorce

The right home loan for your needs

Our mission is to find the right home loan for your individual needs and to always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation. ~

Client reviews

Peter has always been a wonderful source of knowledge when it comes to finance and helping me navigate through the options out there. I would highly recommend having a chat to him and his team before making a lending decision.

Grant
18 February 2025

I can't recommend Peter and his team highly enough From start to finish, they made the mortgage process seamless and stress-free. Their knowledge, professionalism, and attention to detail were outstanding. They took the time to explain everything clearly, answered all my questions, and found me the best deal possible. Communication was excellent throughout, and I always felt supported and informed. If you're looking for a mortgage broker who truly goes above and beyond, Peter is the one to trust

Vanessa
17 February 2025

Peter, Carlee and Christine were super helpful and explained the difference between the different types of rates available clearly, and made sure I got a great rate that suited my current needs. The team offered an amazing and stress free process

Belinda
13 February 2025

Peter's knowledge of the local property market and the range of lending products to suit are both fantastic.

He takes a problem-solving approach and is very outcome driven. Highly recommended.

John
13 February 2025

Working with Peter, Carlee and the team at Mortgage Choice was just amazing. They were quick to answer phone calls and full of knowledge. They were always able to answer my questions and my transaction went through seamlessly. I definitely recommend them. BDF

Bethan
13 February 2025

Highly recommend Peter and his team at Mortgage Choice. All so friendly and knowledgeable and quick to get the best results.

Mandy
13 February 2025

Used Peter for the purchase of a block at Hillwood then used him again to access the equity in the land to build a weekend getaway. The team were only to happy to provide options and explain the pros and cons in a language we understood. Would definitely use again

Ryan
31 October 2024

Peter was absolutely fantastic throughout the whole process of beginning to look for a property until well beyond the sale.
He really went above and beyond to assist me as I am not financially savvy but he explained everything very well and was always incredibly responsive even on weekends and after hours. Months after the settlement of my property he has been in contact to update me on changes in s... read more

21 October 2024

Peters been a wonderful help

Sam
19 September 2024

Peter and the team at mortgage choice were incredibly knowledgeable, kind, patient, efficient and reliable when it came to buying our first home. They made the whole process stress and hassle free. Peter was also very happy to talk to us far before we made any offer as well.

Would highly recommend.

Jess
29 March 2024

Refinancing guide

If you’re thinking about refinancing, this guide can help you learn more about the refinancing process, benefits and options available.

Download now

Help me calculate

More calculators

I'm looking to borrow for

Just me Two of us

Dependants

Work status - are you self employed?

PAYG Self Employed

My monthly income before tax

Rental income

My monthly rental income before tax

Other income

My monthly other income before tax

My credit card limits

Other repayments

My other monthly repayments

2nd Applicant

2nd applicant monthly income before tax

Rental income

2nd applicant monthly rental income before tax

Other income

2nd applicant monthly other income before tax

2nd applicant credit card limits

2nd applicant other repayments

2nd applicant other monthly repayments

You could borrow up to

Repayments
/ month
Expenses
Remaining

Based on standard variable rate over years.

Start the pre-approval process

The borrowing amount is a guide only. Loan repayments are based on the lowest interest rate (either standard variable or 3-year fixed rate, owner occupier) from our lender panel over a repayment period of 30 years. Rates and repayments are indicative only and subject to change. The results from this calculator are an approximate guide only and do not constitute specialist advice. The calculations used should not be relied upon for the purposes of entering into any legal or financial commitments.

Your borrowing estimate

Recalculate borrowing power

Monthly income

Expenses

You may borrow up to

Value of property

Borrowing

Over

Interest Rate Use the lowest rate from Mortgage Choice's lender panel Input rate

Repayment options

Extra monthly repayments

Your monthly repayments
Total loan repayments:
Total interest charged:

There's a lot to consider when choosing the right loan.

The lowest interest rate from our lender panel is either standard variable or 3-year fixed for an owner-occupier. Rates and repayments are indicative and subject to change. The results from this calculator are an approximate guide only and do not constitute specialist advice. The calculations used should not be relied upon for the purposes of entering into any legal or financial commitments.

Value of property

State

Property use

Type of dwelling

Type of property

First Home Buyer?

Calculate

Total fees:

Breakdown	Amount
Stamp duty on property
Transfer fee
Mortgage registration fee

Need help with your next home purchase?

Extra Information

Home Buyer Concession Scheme

From 1 July 2019, the FHOG ACT has been replaced with exemptions on stamp duty. The stamp duty exemption is applicable to all properties in ACT, including vacant residential land and both new and established homes at any price. As this is still to aid first home buyers, to be eligible at least one buyer must live in the home for at least 12 months, starting within 12 months of settlement or completion of construction.

To be eligible, first homeowners in the ACT must have a household income below $160,000. This number increases up to $176,650 depending on the number of children you may have.

Click here for more information on the ACT First home Owner Grant.

Stamp duty concessions in NSW

From 1 August 2020, the NSW government has announced that stamp duty will not be applicable to first home buyers for properties valued up to $800,000 and vacant land valued up to $400,000. This stamp duty exemption will be in place for 12 months to 31 July 2021, in which the stamp duty exemptions will revert back to $650,000 for homes and $350,000 for land.

Additionally, a concessional rate of duty will apply to homes valued more than $800,000 but less than $1,000,000 and vacant blocks of land valued more than $400,000 and less than $500,000

How much is the First Home Owners Grant NSW?

The FHOG in NSW is worth $10,000 however conditions apply. To be eligible, your first home must have a total value below $600,000, and be either newly constructed or ‘substantially renovated’. A home is substantially renovated when most or all of the original house was removed or replaced, and it’s the first time the place has been sold, and lived in, after the renovations were completed.

If you plan to build a new home from scratch, you can still be eligible for the FHOG in NSW as long as your land plus the home you build have a combined value of less than $750,000.

Click here for more information on the NSW First Home Owner Grant.

How much is the First Home Owners Grant in the NT?

The First Home Owner Grant in NT is $10,000. Your income and the price of your home don’t affect the FHOG NT, and the grant is available if you buy or build a new house, apartment, duplex or townhouse.

As of 30 June 2021, there are currently no stamp duty concessions for first home buyers in NT.

Previously the Territory’s First Home Owner Discount was in place from 8 February 2019 to 30 June 2021. It let you save up to a maximum of $18,601 on the cost of stamp duty. The savings were available whether you purchased a new or established home as long as the home was valued under $650,000.

Click here for more information on the NT First home Owner Grant.

How much is the First Home Owners Grant QLD?

As a first home buyer in Queensland you could be entitled to the $30,000 First Home Owner Grant. To be eligible, you need to buy a brand new home or build a home from scratch with the total value (including the land) below $750,000. You may also be eligible if you buy off the plan or an established home that’s been substantially renovated.

As a guide, substantial renovations include replacing or altering foundations or replacing or altering floors. Cosmetic work such as painting the walls or sanding floors doesn’t add up to a substantial renovation when it comes to the FHOG in QLD.

Stamp duty concessions

If you’re buying vacant land to build your first home, you pay zero stamp duty as long as you pay $250,000 or less for your block. Concessions are available for vacant land valued above $250,000 and up to $400,000. Whereas if your first home is valued up to $500,000, you pay zero stamp duty. That’s a saving of $7,175 which is the maximum stamp duty rebate available to first home buyers in QLD.

Additionally, savings on stamp duty may still be available if you pay between $500,000 and $550,000 for your first home. As a guide, if your first home is worth $530,000, you pay stamp duty of $6,300 a saving of $3,500. These savings cut out altogether if your first home costs $550,000 or more.

Click here for more information on the QLD First home Owner Grant.

How much is the First Home Owners Grant SA?

There are currently no specific stamp duty concessions available for first home buyers in SA.

The $15,000 FHOG in South Australia is only available to first home owners who buy a new home. You can choose from a house, apartment, townhouse or villa.

You will only be able to claim the FHOG SA if you pay below the following amounts for your home:

Before 14 June 2023: $575,000
After 15 June 2023: $650,000

You can also claim the First Home Owner Grant in South Australia when you buy a block of vacant land to build your first home on. However, the end value of your building plus land must be no more than $575,000.

Click here for more information on the SA First home Owner Grant.

Stamp duty concessions in TAS

If you buy an established home, you are not eligible for the FHOG in Tasmania but you may be able to claim savings on stamp duty. If you’re home is valued at

$400,000 or less, you will receive a 50% discount on the property transfer duty (stamp duty).

How much is the First Home Owners Grant TAS?

The FHOG Tasmania is worth $30,000 until 30 June 2022 but only when you buy or build a new home. Off the plan purchases are also eligible. In Tasmania, there is no limit on the purchase price of the property, and the FHOG is not means tested.

Click here for more information on the TAS First home Owner Grant.

Stamp duty concessions in VIC

First home owners in Victoria don’t pay stamp duty at all on their first home as long as the property is valued below $600,000. You may still be eligible for savings on stamp duty if you pay between $600,000 and $750,000 for your first home. The stamp duty concessions available in Victoria apply to both established and new homes.

How much is the First Home Owners Grant VIC?

The FHOG Victoria is only available if you buy a newly built home or if you choose to build a home from scratch. The FHOG is worth $10,000 if you build/buy in Victoria.

Your first home can be a house, townhouse, apartment, or unit but it must be valued at $750,000 or less, and it must be a new home – being sold as a home for the first time, and less than five years old.

Click here for more information on the VIC First home Owner Grant.

Stamp duty concessions in WA

If you buy vacant land to build your first home, you’re exempt from paying stamp duty as long as you don’t pay more than $300,000. If you pay between $300,000 and $400,000 you will be entitled to a reduced rate of duty.

From 09 May 2024, if you buy a home costing up to $450,000, no stamp duty is payable at all. If the value of your home is between $450,000 and $600,000, you’ll be entitled to a reduced rate of stamp duty.

There are no additional concessions for homes valued above $600,000 and land valued above $400,000.

How much is the First Home Owners Grant WA?

The FHOG WA is worth $10,000 when you buy or build a brand new home. There are limits on what you can pay for your first home to be eligible for the FHOG in Western Australia.

If you’re located south of the 26th parallel, which basically covers all the Perth metropolitan area, you can claim the FHOG WA if your new home is worth up to $750,000 – this includes the value of the land plus buildings.

If you buy or build a home north of the 26th parallel, the property must be valued up to or below $1 million to be eligible for the FHOG WA.

The First Home Owner Grant in Western Australia is no longer available if you buy an established home however you may be able to claim stamp duty savings.

Click here for more information on the WA First home Owner Grant.

State / Territorial Revenue Web Sites

View