Thinking about refinancing your home loan?
Save time, money and get the right home loan to suit your needs
Refinancing can save thousands of dollars in interest charges and years in repayments or move you to a loan product that has better features to meet your needs.
You may even be able to refinance with the same lender with a new loan that comes with better rates and terms, tailored to your unique circumstances.
What is mortgage refinancing?
Refinancing describes replacing your existing loan with a new one
You can do this by moving your loan to a new lender or by updating the terms with your existing lender.
Borrowers typically refinance to get a lower interest rate and lower repayments, more flexible terms or to release cash or equity from their property.
What are the benefits of refinancing your home loan?
There are numerous potential benefits that come with refinancing, especially in the current low-interest environment.
A lower interest rate can reduce your monthly payments and improve cash flow
Cut potential years off your loan with lower interest or flexible loan features
Free up cash
Access equity to pay for renovations or other financial goals
More suitable terms
Change to a loan that has terms or features better suited to your needs
Combine multiple debts into your home loan to reduce your total interest exposure
What about debt consolidation?
Home loan refinancing involving debt consolidation involves combining multiple existing debts into a single new loan. The potential benefit of consolidating multiple debts is that you may be able to simplify your debt structure, lower your total repayment amount and reduce your interest exposure by combining high-interest loans (eg. credit cards, car loans or personal loans) into your home loan at a lower interest rate.
We do the research and legwork for you
Don't have time to research lenders and hundreds of loan products?
It's smart to regularly research and compare your home loan to make sure you're not paying too much.
But who has time for that? We do! It's our mission to match the right home loan with your goals and situation.
We begin by comparing your current home loan with other loans on the market and come back to you with a detailed analysis and recommendation.
What does this service cost you? Absolutely nothing. We get paid by the lender and only after your loan successfully settles.
It doesn't stop there. We make sure you receive the loan benefits and features you signed up for and conduct an annual review to check you're always getting the best deal.