Staying put could cost big bank mortgage customers $2,388 a year

By Mozo Editorial · · 1 min read
Fact Checked

If you've been thinking about switching your big bank home loan to a better value lender, here's some news that should get you moving pronto. New Mozo research has found that the average big 4 bank mortgage customer could be losing out to the tune of $2,388 a year by not switching to a cheaper lender.

The findings come as Mozo reveals its Experts Choice Home Loan Awards for 2019, which saw the comparison site analyse 436 loans from 85 lenders. Among the big winners this year were UBank, HSBC, Tic:Toc and loans.com.au. The message couldn’t be clearer - if you want to save it’s time to look past the big banks. 

To get started, take a look at some of the most competitive loans on the market and get switching!