Refinancing

Is your current loan still the best one for you?

Most Australians set their home loan up once and then never revisit it. That's understandable — life gets busy. But the lending market changes constantly, and a loan that was competitive three years ago may be significantly more expensive than what's available today. A single percentage point difference on a $600,000 loan is over $350 per month. I'll do an honest comparison for you — completely free, no obligation.

What refinancing can achieve

Refinancing isn't just about chasing a lower rate (though that's often the main outcome). It can also unlock equity in your home for renovations, an investment property deposit, or a major purchase. It can consolidate higher-interest personal loans and credit cards into your home loan at a much lower rate. And it can change your loan structure — splitting fixed and variable, adding an offset account, or switching from principal-and-interest to interest-only if your strategy calls for it.

When it's worth doing (and when it isn't)

Refinancing does come with costs — discharge fees, application fees, potentially break costs on a fixed rate. I'll always calculate whether the savings outweigh the switching costs before recommending you move. As a rough guide, if your current rate is 0.5% or more above the best available rate, refinancing almost always makes financial sense within 12–18 months. I'll give you the real numbers for your specific situation.

What I need from you

• Your current lender, loan balance, and interest rate

• Recent property valuation or purchase price if known

• Current payslips and 3 months of bank statements

• Details of any other debts you want to consolidate

Refinancing with me is genuinely easy — I handle the entire application, liaise with both your old and new lender, and make sure there's no gap in your loan coverage. Most refinances settle within 3–4 weeks of application.