Refinancing
Review your current loan to potentially reduce repayments, access equity, consolidate debt or get better features.
If you haven't reviewed your home loan in two or three years, there's a fair chance you're paying more than a new customer would. Lenders often save their sharpest pricing for new borrowers.
Ram starts by asking your current lender for a better deal on your behalf where that makes sense. If switching is better, he compares the full cost including any break costs and discharge fees, so you can see the real saving.
Who this suits
- Borrowers whose fixed rate is ending
- Anyone who hasn't reviewed their loan recently
- Owners wanting to renovate, invest or consolidate debt
What Ram helps with
- A side-by-side cost comparison including switching costs
- Negotiating with your current lender first
- Releasing equity for renovations or investing
- Managing the discharge and settlement with both lenders
Documents to have ready
You don't need everything for the first chat, but having these handy speeds things up.
- Current loan statements
- Payslips
- Bank statements
- Rates notice for the property
Questions about refinancing
Commonly two to six weeks from application to settlement, depending on the lender and how quickly the valuation and discharge are completed.
There can be discharge fees, government registration fees, and break costs if you're on a fixed rate. Some lenders offer cashback that offsets these. We include every cost in the comparison.
Guides on refinancing
Refinancing by suburb
- Refinancing Pendle Hill
- Refinancing Blacktown
- Refinancing Seven Hills
- Refinancing Toongabbie
- Refinancing Doonside
- Refinancing Rooty Hill
- Refinancing Mount Druitt
- Refinancing Marayong
- Refinancing Quakers Hill
- Refinancing Schofields
- Refinancing Riverstone
- Refinancing Marsden Park
- Refinancing Box Hill
- Refinancing Kellyville Ridge
- Refinancing Stanhope Gardens
- Refinancing The Ponds
- Refinancing Glenwood
- Refinancing Kings Langley
- Refinancing Lalor Park
- Refinancing Prospect
- Refinancing Girraween
- Refinancing Wentworthville
- Refinancing Westmead
- Refinancing Parramatta
- Refinancing Northmead
- Refinancing Winston Hills
- Refinancing Merrylands
- Refinancing Baulkham Hills
- Refinancing Castle Hill
- Refinancing Kellyville
- Refinancing Rouse Hill
- Refinancing Plumpton
- Refinancing St Marys
- Refinancing Penrith
- Refinancing Greystanes
- Refinancing Constitution Hill
Talk it through with Ram
A free, no-obligation conversation about where you are now and what you're planning. No credit check, no pressure.