No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in MOSMAN , 2088 is $3,587,500 this month which means that a mortgage for 80% of that value would be $2,870,000.
MOSMAN 2088 has seen a high level of growth in it’s population over the last five years.
With a median housing loan repayment of $3,033 a month, MOSMAN , 2088 mortgage brokers are seeing mortgage holders paying $433 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MOSMAN, 2088 should have seen some difference. While the latest census median annual household figure income is now $128,180, it was $99,611 back in 2006, which is a net increase of $28,568 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $23,372 better off each year even without factoring in mortgage rate cuts.