Home & property loans
Is your home loan still working for you?
Lenders often save their best rates for new customers. A free loan health check shows whether refinancing could save you money or give you a better structure.
Reasons to refinance
- A sharper rate: or lower fees than your current loan.
- Consolidate debts: such as credit cards or car loans into one repayment.
- Release equity: for renovations, investment or a business need.
- Better features: like an offset account, redraw or a split between fixed and variable.
- Fixed rate ending: and you want to avoid rolling onto a higher variable rate.
What a loan health check covers
We review your current rate, fees, loan structure and goals, then compare options across our lender panel. We’ll factor in switching costs such as discharge fees and any break costs on fixed loans, so you can see whether a move actually leaves you better off.
How refinancing works
- 1. Review: we look at your current loan, property value and what you want to achieve.
- 2. Compare: we show you options side by side, including the total cost of switching.
- 3. Apply: we prepare the application and deal with the new lender for you.
- 4. Settle: the new lender pays out your old loan. Most refinances take a few weeks from application to settlement.
Refinancing to buy your next property? See investment loans. Self-employed? See self-employed home loans. Or start your loan health check now.
Ready to talk?
Answer a few quick questions and a broker will come back to you within one business day.
Related services
FAQ
Common questions
How often should I review my home loan?
It’s worth checking your loan at least once a year, and whenever your fixed rate is ending, your circumstances change or you need to access equity.
What does it cost to refinance?
Costs can include a discharge fee from your current lender, government registration fees, and break costs if you’re on a fixed rate. Some lenders also charge application or valuation fees. We’ll show you the full cost before you decide.
Can I refinance if my property value has dropped?
Possibly. If your loan is more than 80% of the property’s value, you may need to pay lenders mortgage insurance again with a new lender. We’ll check your position before you apply.
Will refinancing affect my credit score?
A new application shows on your credit file, but one well-planned refinance usually has a small effect. Avoid making several applications with different lenders at once, which is one reason to use a broker.
Can I use refinancing to consolidate debts?
Yes, many people roll credit cards or personal loans into their home loan to get one lower repayment. Spreading short-term debt over a longer loan term can cost more in total interest, so we’ll explain the trade-off.
See if you could be better off
Send us your current loan details and we’ll come back to you within one business day.
