The Bulletin
Men's Weekly


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What happens if I can't pay my mortgage and what are my options?

  • Written by Andrew Grant, Senior Lecturer in Finance, University of Sydney
What happens if I can't pay my mortgage and what are my options?Photo by Pat Whelen on Unsplash, CC BY-SA

With rising costs of living, including interest rate rises, many people are really worried about their mortgage.

So, what actually happens if you can’t pay your mortgage – and what are your options?

Here’s what you need to know.


Read more: Vital signs: to fix Australia's housing...

Read more: What happens if I can't pay my mortgage and what are my options?