Refinancing your home loan
While we Aussies love property, the home loan repayment still stings and is often your household’s biggest bill. But with the Reserve Bank of Australia choosing to keep rates low, now could be the perfect opportunity to see if you could save through refinancing your loan.
Choosing your home loan doesn’t mean you are stuck in it forever
With the cash rate so low, lenders have been dropping their home loan rates which gives you the perfect opportunity to see if you could save on your current home loan. In fact, you should be checking your home loan every 2 years to match changes in bank rates and make the most of any new loan products on the market. Reviewing your home loan every 2 years is a must!
We can help you find a better deal
Refinancing your home loan can be a fantastic way to not just lower your monthly repayments, but also access some pretty great loan inclusions and help you pay off your loan sooner. It can even help you access equity in your home, freeing up some cash to invest in a new investment property or renovate your existing one.
With so many different lenders on our panel and hundreds of loan options, our team will compare your current loan with the others in the market to see if we can find you a better one.
Video: what is refinancing?
Our free home loan health check
Mortgage Choice South Melbourne & South Yarra offer a free home loan health check to help you review your current loan and see if we can find you a better deal. It only takes a short amount of time and could save you money.
To book your free home loan health check with us, just click on the Contact Us button at the top of this page or call us on 9681 8182 to book in your appointment.
Check out our other resources:
- Read our blog here
- Download our e-guide for first home buyers here
- Check out our home loan calculators here
- Watch our MoneyChat video series here
We would love to help you
We would love to help buy your first home. Chat with us today by calling 9681 8182 or click on the Contact us button at the top of the page.
We look forward to chatting to you! Your local home loan experts for Albert Park, Middle Park, South Melbourne, Port Melbourne, Southbank, Prahran, Toorak, South Yarra, Kooyong, Armadale and surrounds.