Crown Money Fees, Suitability & How We Calculate Our Results
How Crown Money Is Licensed and Regulated in Australia (ACL 388 279)
Crown Money Management is the registered trading name of Crown Lending Pty Ltd (ABN 47 119 504 862, ACN 119 504 862), holder of Australian Credit Licence (ACL) Number 388 279 regulated by the Australian Securities and Investments Commission (ASIC) under the National Consumer Credit Protection Act 2009 (NCCP Act). We are full accredited members of the Mortgage & Finance Association of Australia (MFAA) and members of the Australian Financial Complaints Authority (AFCA). Every credit recommendation we make is bound by the statutory Best Interests Duty—meaning we are legally required to act in your best financial interests and never recommend a refinance or coaching structure unless the projected net benefit to your household clearly outweighs all switching and establishment costs. Crucially, Crown Money never holds client funds. Your mortgage and bank accounts remain 100% in your own name with regulated Australian banking institutions.
Plain-English Breakdown of Fees, Commissions & Our 12-Month Guarantee
Because Australians rightly want to know what a financial service costs before booking a call, we publish our fee framework openly: First, your initial Discovery & Strategy Session is 100% free ($0) and carries zero obligation. Our strategists build a complete mathematical comparison between your current bank path and our Home Ownership Programme so you can see your projected debt-free date in black and white. Second, when we act as your finance broker to refinance or structure your home loan, the lender pays us a standard upfront and trail broker commission—the exact dollar amounts of which are disclosed in writing inside your mandatory Credit Proposal Disclosure (CPD) document. Standard lender/facility setup costs on our Rate Card include Application Fee ($660), Legal Fee ($500), Valuation Fee ($302.50), Settlement Fee ($150), and Annual Package Fee ($395/yr) where applicable. Third, where you choose to enrol in our ongoing Money Management & Financial Coaching programme, any one-off coaching establishment fee ($0 to $4,950 depending on complexity) is disclosed upfront in writing, is only recommended when your projected interest savings are tens or hundreds of thousands of dollars higher, and is backed by our 12-Month Debt Reduction Guarantee: we guarantee to beat your previous 12-month debt reduction results within your first 12 months on the system, or we refund you. There are zero lock-in contracts and zero Crown Money exit fees.
Who Crown Money Is Built For—and Who Should Not Enrol
We turn away roughly 30% of enquiries because our system is not a fit for every borrower. Here is our honest suitability checklist:
Ideal Fit: Established Australian Homeowners Seeking Speed & Accountability
Owner-occupiers and property investors with $300,000 to $2.5M+ in mortgage debt, stable single or dual income, and a genuine desire to follow a structured weekly living allowance and 90-day coaching reviews so they can own their home in 10–15 years instead of 30.
Not Suitable: Acute Financial Hardship or "Magic Bullet" Seekers
If you are currently in mortgage arrears, unemployed, or struggling to meet basic living expenses, you should not pay for financial coaching—instead, call the free, confidential National Debt Helpline on 1800 007 007. Likewise, if you want to keep spending freely on credit cards without a weekly budget boundary, our cash-diet structure will feel too disciplined.
How We Calculate Our Canonical Client Statistics
To ensure absolute consistency across our website, calculators, and educational guides, here is the exact audit methodology behind our four headline metrics: 1. 7,000+ Australian Households Assisted: Cumulative families coached and/or financed by Crown Lending Pty Ltd since Scott Parry founded the firm in 2004. 2. $29,327 Average Annual Principal Reduction: Calculated from rolling 12-month coaching review audits across active Home Ownership Programme (HOP) clients, measuring net principal reduction achieved per year compared to the $12,000/year Australian national benchmark. 3. 24% Average Household Savings Rate: Net disposable household income retained toward principal reduction and provisioned wealth building across coached HOP households, compared against the 3.7% ABS Australian National Accounts household saving ratio. 4. 1 Client Debt-Free Every 23 Days: Verified frequency of active coached clients completing full mortgage payoff across our portfolio.
Transparent Schedule of Crown Money Services, Standard Lender Fees & Coaching Establishment
| Service / Fee Item | Typical Cost / Range (AUD) | When It Applies & How It Is Paid | Refund / Guarantee Protection |
|---|---|---|---|
| 1. Initial Discovery & Cash-Flow Strategy Session | $0 (100% Free) | Open to all Australian homeowners; zero obligation to proceed | N/A — completely free consultation & custom savings modelling |
| 2. Standard Mortgage Brokerage Service | $0 direct broker fee (Lender-paid commission) | Paid by the lender upon refinance settlement; disclosed in full in your Credit Proposal Disclosure (CPD) | Regulated under NCCP Best Interests Duty (ACL 388 279) |
| 3. Standard Lender / Facility Setup Fees (Rate Card) | Application $660 · Legal $500 · Valuation $302.50 · Settlement $150 · Annual Package $395/yr | Standard third-party/lender establishment costs where a custom HOP loan facility is established | Disclosed item-by-item in writing prior to signing any loan application |
| 4. Custom Money Management & Coaching Establishment | $0 to $4,950 (tailored to household complexity) | One-off establishment for custom 3-bucket setup, dashboard, and ongoing 90-day personal coaching | Backed by our 12-Month Debt Reduction Guarantee & zero lock-in contracts |
Related Calculators & Verified Case Studies
- Verified Crown Money Client Reviews (4.9 / 5.0 Stars) — Read 380+ verified Google and Trustpilot reviews plus unedited video testimonials from Australian families.
- Client Success Stories & Case Studies Hub — Review 6 full case studies detailing starting loan sizes, savings rates, and years shaved off the mortgage.
- Target Market Determinations (TMD) & Regulatory Disclosures — Inspect our official Target Market Determinations and product suitability documentation under ACL 388 279.
- Mortgage Reduction Calculator Australia — Test your own loan balance and monthly repayment to see your projected interest savings before booking a call.
Official Australian Data Sources & Regulatory References
- ASIC Professional Registers — Crown Lending Pty Ltd (Australian Credit Licence 388 279): Official Australian Securities and Investments Commission register confirming Crown Lending Pty Ltd (ACN 119 504 862, ABN 47 119 504 862) holds ACL 388 279.
- Mortgage & Finance Association of Australia (MFAA) — Accredited Member Standards: Peak Australian industry body governing professional standards, continuing education, and Best Interests Duty compliance for finance brokers.
- National Debt Helpline (1800 007 007) — Free Financial Counselling for Hardship: Independent, free Australian government-funded financial counselling service for individuals experiencing acute financial hardship.
Frequently Asked Questions
Is Crown Money legitimate and regulated by ASIC?
Yes. Crown Money Management is operated by Crown Lending Pty Ltd (ABN 47 119 504 862, ACN 119 504 862), which holds Australian Credit Licence (ACL) Number 388 279 issued by ASIC and has operated continuously in Australia since 2004.
Are there any lock-in contracts or exit penalties with Crown Money coaching?
No. There are zero lock-in contracts and zero Crown Money exit fees. You stay because of the measurable tens of thousands of dollars in interest you save, and you are free to stop coaching or refinance at any time.
How does the 12-Month Debt Reduction Guarantee work?
If you follow your agreed Home Ownership Programme cash-flow plan for 12 months and do not beat the annual debt reduction you achieved in the 12 months prior to joining Crown Money, we refund your coaching establishment fee.