A new survey has found that home-owners in Brisbane fare better than major Australian capitals when it comes to being able to comfortably make mortgage payments.

The research by Finder, which asked respondents if they struggled with their mortgages, found 62% of Brisbane respondents “can make repayments comfortably” compared 48% in Sydney, 50% in Melbourne, 54% in Adelaide and 43% in Perth.

In addition, 32% of Brisbane respondents “live month to month, but find enough”, compared to 43% in Sydney, 42% in Melbourne, 37% in Adelaide and 49% in Perth.

Brisbane also had the lowest percentage of homeowners who were “barely able to make repayments every month” (4%) while Sydney, Melbourne and Perth were at 8% and Adelaide was 7%.

Only a few respondents were “behind in repayments”, including 1% in Melbourne and Perth, 2% in Sydney and Adelaide, and 3% in Brisbane.

Finder personal finance expert Kate Browne says the relatively low cost of living in the Queensland capital saw it beat out other cities when it came to financial comfort for borrowers.

“Brisbane has a relatively low cost of living, especially compared to Sydney and Melbourne,” Browne says.

Communication and being proactive were the keys to handling difficult financial situations, according to Finder.

“Whether you’re comfortably meeting repayments or not, it’s a good idea to look at refinancing and cutting down on expenses,” Browne says.

“If you’re falling behind, contact your lender and let them know you’re in trouble. They may be able to reconfigure your payments or allow you a repayment holiday for a short period if you can demonstrate that you’re truly in need.”