Crunch
your numbers
Use our online calculators to work out how much you can borrow, loan repayments, stamp duty and lots more.
We are here to give you a lending hand
There are a wide range of loans and product types available from lenders. Your 1st Street mortgage brokers will assist you in determining the most suitable option.
Basic Home Loan
A no-frills loan with a low interest rate and little or no fees. No offset account.
Professional Package
A full-featured loan with a discounted interest rate for the life of the loan, it often comes with a credit card, offset account and redraw facility. A Professional package will usually have an annual fee which includes all of these features.
Line of Credit
A pre-approved limit which can be borrowed in part or in its entirety. Repayments are interest only and are required only on the outstanding balance.
Bridging Loan
If you buy a property before selling your existing property you may require temporary access to additional funds to ‘bridge the gap’ until you sell.
Self Managed Super Fund (SMSF)
SMSF mortgages are a unique lending facility that enables you to use your SMSF to invest in certain eligible property assets such as commercial premises and ‘approved’ residential properties.
Equity Release or Reverse Mortgage
For those who are over 60 and have equity tied up in assets, this loan allows you to effectively pull cash out of your assets to use as you wish with no repayment required.
Within each product type there are many options available depending on your requirements.
Fixed vs Variable
A fixed loan has a fixed interest rate, a fixed repayment amount and is usually for an agreed term from 1.5 years. A variable loan has a fluctuating interest rate which can be changed by the banks at any time, usually in line with changes made by the Reserve Bank.
Split Loans
A loan which manages risk and is split between fixed and variable interest rates.
Principal & Interest vs Interest Only
The principal amount of your loan is the amount that you borrow and the interest is charged on top of this amount. It is possible to pay just the interest if you wish to minimise your repayments initially but if you choose this option the principal loan amount will remain the same and will not reduce.
Honeymoon/Introductory Loans
A lower initial rate for those looking to minimise payments in the short term. Generally a reduced rate for the first 1-2 years and then reverts to a higher rate.
Are you a first homebuyer looking for
Help?
We can help get you into your new home.
We’ve worked with clients across Australia to access the different first home owner grants (FHOG) as well as the various stamp duty and other concessions that may be available depending on which state you are in. We can talk you through your various options as well as helping you compare things like buying vacant land vs. an established home.
Crunch
With 40+ lenders to choose from, the options are never ending!
A word from our satisfied customers
Maxine Zhong
19 October 2023
Amanda has been such an incredible support throughout our very first time going through the home loan process.
Her thoughtfulness to regularly check in to make sure all our questions were answered and that all our documents were in place helped to make the whole daunting process feel seamless and easy. I could not recommend her enough - she made sure to keep us informed every step of the way and made sure all necessary documents/processes were completed well ahead of time so we never had to worry about missing any steps.
She went well above and beyond her role, and I know we will definitely be coming back to her in the future, as well as recommending her to all of our networks! Thank you again, Amanda!
Mark Nesbitt
11 October 2023
Greg and the team provide an outstanding service. Highly recommended
Christine Tran
23 September 2023
Yuval handled my first ever home loan, he did such an amazing job I asked to him to refinance for me 2 years later. Yuval made everything very easy for me, and will give his best recommendation as if it was his own. Would always recommend Yuval :)
David Petrini
25 August 2023
Yuval Bloomfield was an absolute delight to work with. He made it extremely easy for my clients to discuss about their financial situation. With Yuval's strong connections he was able to get the loan my clients wanted in very quick time.
Will definitely refer Yuval again.
Sophie Linehan
24 August 2023
Greg and the team at 1st Street were fantastic all the way through the process of getting our financing sorted and buying a new home. They not only secured us the most competitive mortgage in the market but they also gave advice on a number of mortgage-adjacent questions that came up along the way. Their responsive and thoughtful guidance helped make the nail-biting process clear and calm. We would definitely recommend their services.
Gabrielle Scott-Jones
18 August 2023
Greg and his team gave me exceptional advice and support. They were timely and detailed in their responses and dealt patiently with me as a first home buyer and all of my questions. The lender at the bank commented on how well I was being looked after compared with other brokers in the market. I’d highly recommend 1st Street to anyone, including friends and family.
Eli Simic
15 August 2023
Great communication and fast service
Richard Kuipers
11 August 2023
Jeremy and his team are superb. Negotiated the best deal for us and were an absolure pleasure to work with. Highly recommended, you can't do any better in my opinion.
Jordan Rivkin
1 August 2023
The team at 1st Street truly are professionals. I can't recommend Jeremy highly enough, he is extremely competent and just a great guy. You're in safe hands with 1st Street!
Yossi Bengida
23 July 2023
Another amazing job by David and Bree.
Always available for our questions, helpful and just 10/10
Seriously good work !!
See you on the next one :)
Yossi and liz