Your current home loan doesn't have to be your forever loan.
Your financial situation changes. Your home loan should be able to change with it. Refinancing can help you secure a more competitive loan, reduce repayments, access built-up equity or restructure your finances around your next goal. We compare your existing loan against options from a broad panel of lenders and help you understand whether switching actually makes financial sense.
Before you switch, look at the whole picture.
The cheapest rate isn't necessarily the best loan. We look at the complete structure.
Calculate the real cost
Refinancing can involve discharge fees, application costs, settlement charges, government registration fees and, in some cases, fixed-rate break costs or LMI. A lower interest rate only helps if the savings outweigh those costs.
Find your break-even point
We calculate how long your interest savings will take to recover the cost of refinancing. That gives you a much clearer answer to the question: "Is switching actually worth it?"
Look beyond the rate
Your new loan may offer features that are more valuable over time, such as offset accounts, redraw facilities, flexible repayment options, additional repayment flexibility, or interest-only structures where appropriate.
Why refinance?
There isn't one reason to refinance. You might be looking to:
- Reduce your interest rate
- Lower your regular repayments
- Access equity in your property
- Fund renovations
- Purchase another property
- Consolidate existing debts
- Add an offset account
- Access better redraw or repayment features
- Change your fixed or variable loan structure
Refinancing can be particularly useful when...
- Your current loan is no longer competitive.
- You've built enough equity to potentially improve your LVR.
- Your fixed-rate period is coming to an end.
- You want to access equity for another investment or renovation.
- Your financial circumstances have changed.
- Your current loan lacks features that would make managing your money easier.
Self-employed?
Being self-employed doesn't automatically mean refinancing is difficult. Lenders assess self-employed income differently, and the documentation required can vary. For borrowers who don't yet have a complete two-year financial history, some lenders also offer low-documentation pathways.
Depending on your circumstances, this may include:
- Tax returns
- Notices of assessment
- Business or trust financial statements
- BAS statements
- Business bank statements
- Evidence of consistent income
A smarter way to refinance
We compare your current position against available alternatives and show you: Current loan → Switching costs → Potential savings → Break-even point → Long-term benefit. If refinancing doesn't stack up, we'll tell you.
Refinancing isn't always the right answer.
Sometimes staying with your existing lender makes more sense.
We'll show you the numbers rather than simply recommending that you switch.
The potential savings are too small
If the difference is negligible, switching might not be worth the effort.
Break costs or fees are too high
Your fixed-rate break costs might be substantial, or your equity position could trigger additional LMI.
Your situation makes it difficult
Your loan balance is relatively low, your income or credit position makes a new application difficult, or you're planning to sell the property soon.
Is your home loan still working for you?
Let's review your current loan and see whether there's a better structure available.
Book a free, no-obligation refinancing review.Got Questions?
Frequently Asked Questions
Ready to get started?
Fill out the form below and one of our mortgage specialists will be in touch shortly.