Would you like to shave years off your home loan?
It’s great to hear you’re considering refinancing your current loan. Refinancing can offer several potential benefits, such as reducing your monthly payments, shortening your loan term, or releasing equity from your property.
Each lender offers a unique set of refinancing options, and our friendly team are here to help you understand the variety of products available. We can examine fixed-rate refinancing if you’re seeking stability in your repayments, or a variable-rate product that could provide savings should interest rates decline.
When considering refinancing, it’s important to look at the overall picture. This includes any fees associated with exiting your current loan, as well as the costs involved in setting up the new loan. We’ll work through these figures to ensure you have a clear idea of the potential savings versus the costs involved.
Additionally, some refinancing options come with features that could be beneficial to you, like the ability to make extra repayments without penalty or access to offset accounts, which might help reduce the amount of interest you pay.
We’re here to assist you in weighing up these features against your financial needs and objectives. It’s about finding a refinancing solution that supports your financial wellbeing both now and in the future.
The process of refinancing should be as smooth as possible, and your broker will support you in gathering the required documentation and understanding the terms and conditions of your new loan.
If you feel ready to explore how refinancing could improve your financial situation, let’s arrange a time to go over your current loan and discuss the opportunities available. We’re here to ensure you have all the information you need to make a considered decision. This could also include advice that your current loan is the most suitable option for your circumstances and we will advise you if that is the case.