If a loan has a very low interest rate, the chances are the fee structure is high. Similarly, if there are lots of features attached to the loan, you will usually pay for them via higher interest rates or more fees.

Michael Tsoa-Lee, director with Mates Rates Mortgages, believes structure is the first thing to get right before you choose your rate or lender.

For the complete story and analysis, check out the latest issue of Your Mortgage out on sale now.

Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker