Re-fixing or Re-Finance
If you haven’t checked your home loan in a while, you could be paying too much.
Refinancing refers to the process of paying out your current home loan by taking out a new loan, either with your existing lender or through a different lender. You could get a lower interest rate and reduce your monthly repayments or you could fix your rate for a certain period, and have the security of fixed monthly repayments.
Interest rates are always changing. It can be in your best interest to shop around. Our free consultation compares different options with your current loan to see if you could save. If you choose to refinance we do all the paperwork and running around at no cost to you.
Potential reasons to refinance
- To get peace of mind with a fixed rate, or to reduce your monthly payments.
- To select a home loan with more suitable features such as a redraw facility.
- To consolidate credit cards, personal loans or other debts to reduce your interest rate and monthly repayments.
- To unlock the equity in your home to finance a renovation, or free up some capital for property investment.