Your Local Mortgage Broker in Menai, servicing the Sutherland Shire & surrounds

Call: 02 9541 1477

It's likely you can save money on your loan by shopping around. With over 20 lenders and hundreds of loans to choose from, our team at Mortgage Choice in Menai are your personal loan shoppers, working to find you the best deal.

Call Us Mortgage Choice Menai
Office - 02 9541 1477

Open Hours Mortgage Choice Menai
Monday, Tuesday, Thursday, Friday 9:00am - 5:00pm
Wednesdays 9:00am - 7:00pm
After hours by appointment
Free Appointment

Address

Suite 14b, 62-70 Allison Crescent MENAI, NSW 2234

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Top-rated Mortgage Brokers Menai & Sutherland Shire

Our team at Mortgage Choice in Menai are committed to getting you the right loan for your first home, investment property, a new car or business needs. We'll do the shopping around for you, negotiating with lenders on your behalf to get the best deal.

Our team not only find you the right loan but save you time by completing all the paperwork and following up for you. That means you can spend your time on what's important and not chasing the progress of your home loan (leave that to us!).

About our team at Mortgage Choice in Menai

Mortgage Choice Menai is a leading mortgage broking & financial advice franchise owned and operated by Phil & Suzy Wheatley.

With over 25 years in banking and finance, Phil brings significant experience to the financial services sector. It’s this experience that allows Mortgage Choice in Menai to deliver exceptional customer service on a consistent basis

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Why use Mortgage Choice in Menai?

We do the work for you

A "simple" loan transaction will - on average - generate 30 individual phone calls, 20 individual emails and 6 individual faxes. It takes up a lot of time, time that you may not have. We do!

Our team help our customers through the entire loan process by doing the shopping around, completing the paperwork and making every phone call on your behalf. We can often overcome common pitfalls and anticipate issues before they arise!

Over 70% of our business comes from happy, repeat customers

It's what makes our business a success! A lot of our business comes from customers who have dealt with us in the past, and understand how much time & money we can save them. Hear more of what our customers say about us.

"Phil & Suzy have been a tremendous help in organising my home loan. They are very professional and diligent and took care of everything for me. I would highly recommend them." [ A. Jurmann, Crows Nest ]

We are mobile & convenient

While our office is conveniently located in Menai, we are a mobile team and happy to come and see you whenever you need, throughout the Sutherland shire & surrounds. We service many overseas and interstate customers, as well as anyone from our local area. We offer video zoom appointments for your convenience also.

Visit our office at 14b / 62-70 Allison Crescent in Menai 2234

Ready to get started?

Find out for yourself why our customers are so happy. We'll make your next purchase an easy one. Call us today on 02 9541 1477 or call Phil directly on 0431 415 311.

What can our mortgage brokers help you with?

What is your borrowing power?

When you're ready to purchase a property, it's important to have a pretty good understanding of how much you can borrow. We know that finding out how much you can borrow for a property can be a bit confusing, which is why we have some great resources at your disposal.

Feel free to check out our easy to use home loan calculators here or get in touch with Phil Wheatley to discuss your unique situation.

"Phil and Suzy have been outstanding. They were able to help us navigate through all the mess and now we have a beautiful home that is fully renovated. They handled everything for us and made the whole process so easy. You have changed my family life forever."

[ Jason & Rochelle ]

We don’t charge to find the right loan for you

We are paid by the lender once your loan settles. In some limited circumstances we may charge a fee, which would be discussed with you before proceeding.

We also have a variety of free resources at your disposal. Check out our range of property guides, home loan calculators and articles on the Sydney property market.

Download it now

Home Loan Calculators

If you're ready to submit an offer on a property, then get in touch with Mortgage Choice Menai.

Servicing suburbs Alfords Point, Bangor, Barden Ridge, Bonnet Bay, Como, Engadine, Grays Point, Heathcote, Illawong, Jannali, Kangaroo Point, Kareela, Kirrawee, Loftus, Lucas Heights, Menai, Oyster Bay, Sutherland, Sylvania, Sylvania Waters, Waterfall, Woronora, Woronora Heights, Yarrawarrah.

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

Phil, Suzy and the team were fantastic. They worked hard to get me the best deal, proactively kept in touch thoughout the whole process and were friendly and pleasant to deal with. Thank you

Erin
28 November 2024

Outstanding service. Majorly helpful in exploring my options and offering recommendations to help me refinance which allowed me to free up some cash and reduce my interest rate Couldnt recommend highly enough Thanks Phil and Suzy

Anthony
28 August 2024

We were very pleased with the work Phil and Suzy did in refinancing our mortgage. Phil is a very experienced, knowledgeable and empathetic mortgage broker who really looks at your individual circumstances and tailors the package specifically for your needs. I can't thank Phil and Suzy enough for helping us through this journey. I recommend Phil and Suzy to anyone who wants a genuine, professional agency to refinance their mortgage. Thank you Phil and Suzy.

Anushka
02 May 2024

We have used Mortgage Choice Menai for a number of years now. Phil and the team at Mortgage Choice Menai were a pleasure to deal with. If you are looking to refinance, Phil is great. Would happily recommend to others.

Sean
11 March 2024

Phil, Suzy and the team at mortgage choice Menai did a wonderful job enabling our house purchase. They were very responsive and helpful through the whole process and got us through the final approval processes far faster than we thought possible - which took a lot of the stress out of the settlement process compared to past experience dealing direct with banks.

Tristan
11 March 2024

Phil ans Suzy made the process of refinancing my home loan very simple and easy. Taking me through and explaining the difference of what each lender was offering, guiding me through the processes, helping with the contract and being available every step of the way. I would highly recommend them. Thank you both once again

Maria
23 November 2023

The team at Mortgage Choice in Menai and Figtree we so great to work with. Phil, Suzy and Vicki walked us through everything we needed to do to get us into our dream home We couldnt be happier with the entire process, we highly recommend them if you are looking to buy.

Aria
10 October 2023

Great service by Phil and Suzy. Theyre definitely a helping hand when it comes to buying a home.

Kaimen
28 September 2023

We have used Phil and Suzy on multiple occasions and each time are left impressed with their professionalism and service. Their knowledge allowed us to make an informed decision that best suited our goals. Highly recommended

Talia
25 May 2023

Outstanding service. I felt supported throughout the entire process purchasing my first property. Couldnt recommend highly enough Thanks Phil and Suzy

Anthony
18 April 2023

Property Ownership

This guide outlines the essential steps to achieving property ownership, starting from the first appointment with a mortgage broker all the way to settlement.

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Other income

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2nd Applicant

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2nd applicant monthly rental income before tax

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2nd applicant monthly other income before tax

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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

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First Home Buyer?

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Total fees:

Breakdown	Amount
Stamp duty on property
Transfer fee
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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.

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