'It's daunting': The question that could save you $40,000 on your mortgage

By Kate Burke
Updated November 24 2017 - 3:28pm, first published 3:19pm
AFR FIRST USE ONLY.  new housing estate at PEMULWUY near prospect in western sydney. generic housing , development , residential , rental , mortgage , building , builders , economy , for sale , real estate , land , rates , investment  Photo by ROB HOMER SPECIAL 103506
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AFR FIRST USE ONLY. new housing estate at PEMULWUY near prospect in western sydney. generic housing , development , residential , rental , mortgage , building , builders , economy , for sale , real estate , land , rates , investment Photo by ROB HOMER SPECIAL 103506 home loan home loans suburb

Almost half of Australian homeowners taking out mortgages are failing to ask "the No.1 question" that could save tens of thousands of dollars on their loan repayments.

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