With all the recent changes now is the time to review your current interest rate and make sure you have the best home loan features and lowest rate to suit your situation. Banks are even offering up to $4,000 to refinance or discounted rates for new customers.
Refinancing your home loan may allow you to consolidate multiple debts like car loans or credit cards into one easy to manage and often lower repayment.
Access your properties equity to up-date your kitchen or bathroom, buy an investment property, shares or even a holiday. Your equity can even be used to boost your business cashflow.
Is now a good time to refinance?
Refinancing for a better deal
Are you suffering from lender loyalty?
The home loan with the lowest current interest rate is not necessarily the most suitable for your circumstances, you may not qualify for that product, and not all products are available in all states and territories.
^Comparison rates are based on a loan of $150,000 over a term of 25 years. Interest rates subject to change. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
