Refinance and Save on your home loan
What is Refinancing?
Refinancing lets you change your home loan to suit your new circumstances. We recommend an annual Home Loan Health Check to assess whether the original home loan you chose is still the most suitable option for you.
Refinancing can be a smart way to manage your money. Here are a few ways in which you may benefit from refinancing.
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Peace of mind - a fixed rate can mean knowing what your repayments will be each month
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Reduce your monthly repayments through access to a lower interest rate
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Potential to pay off your loan faster through more flexibility
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Reduce your monthly repayments overall by consolidating credit cards, personal loans or other debts into a lower rate loan
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Free up some extra cash to finance a renovation or purchase an investment property by unlocking equity in your current property
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Home loan refinancing may be used for different reasons including:
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Renovating your home or other home improvements such as a pool.
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Paying off your debts such as credit cards by rolling them into your home loan.
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Obtaining a cheaper rate, even if it means giving up a few loan features.
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To raise cash for a purchase such as a car.
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You want to switch from a variable rate to a fixed rate, perhaps because you can want to reduce the risk of higher repayments.
If you’ve had a home loan for a few years now, it’s safe to assume your life has changed in that time. You may have started a new job, received a promotion, or gone through significant life changes. Refinancing your home loan could save you thousands and reduce your loan term.
Why contacts us for a home loan health check?
- You could obtain a new loan with a lower rate or more appropriate features
- Save on interest repayments
- Consolidate your debts
- Increase your loan amount or access equity for other personal and financial goals.
Free resources for refinancing
If you would like to do some of your own research first, make sure you check out our home loan resources about refinancing below!
- Guide to refinancing
- Home loan calculator: Compare your interest rates
- Blog: When you should refinance your home loan
Want a FREE home loan health check?
Contact us today on
Smoother experience as they have all your information.
Better understanding of your financials to provide tailored advice. 
Faster response compared to being matched with a new broker.
