Refinance & Start Saving
Refinancing should bring Comfort and Confidence—lower repayments, better rates, or access to equity.
We ensure you understand every option with complete Clarity before making the switch. A 0.5% rate reduction on a $500,000 loan could save you $2,500 per year.
Example: On a $600,000 loan
$3,000+
Potential yearly savings*
$90,000+
Over 30 years*
*Based on 0.5% rate reduction. Actual savings depend on your situation.
Why Refinance?
There are many reasons to consider refinancing. Here are the most common.
Lower Interest Rate
Rates have changed, or your lender isn't competitive anymore. Switching could save you thousands over your loan term.
Access Equity
Your property has grown in value. Release equity for renovations, investments, or other purposes.
Better Features
Want an offset account, redraw facility, or more flexible repayment options? Refinancing opens up new features.
Consolidate Debts
Roll high-interest debts like credit cards or personal loans into your mortgage at a lower rate.
Refinancing Made Simple
We handle the hard work. You enjoy the savings. Our streamlined process makes switching lenders straightforward.
Quick Assessment
We review your current loan, property value, and goals to see if refinancing makes sense.
Rate Comparison
We compare options across 30+ lenders to find a better deal for your situation.
Handle Paperwork
We prepare and submit your application, liaising with the new lender throughout.
Settlement
The new loan pays out the old one. You start saving on your very first repayment.
Things to Consider
Exit Fees & Break Costs
Fixed rate loans may have break costs if you exit early. We'll factor these into our assessment to ensure refinancing makes financial sense.
Loan-to-Value Ratio (LVR)
If your property value has dropped or you've borrowed more, you may need to pay LMI again. We'll check your current equity position.
Time vs Savings
Refinancing involves some paperwork and typically takes 2-4 weeks. We'll confirm the savings justify the effort before proceeding.
Are You Ready to Refinance?
- Your current rate is higher than market rates
- You've been with your lender for 2+ years
- Your property value has increased
- You want access to better loan features
- You want to consolidate other debts
If you ticked any of these, it's worth a conversation.
Refinance FAQs
How much does it cost to refinance?
Typical costs include discharge fees ($150-400) and government fees (~$200). Many lenders offer cashback or fee waivers that offset these costs. We'll calculate net benefit before proceeding.
How long does refinancing take?
Typically 2-4 weeks from application to settlement. We aim to make the process as smooth as possible with minimal paperwork required from you.
Will I need a property valuation?
Usually yes, but many lenders offer free desktop valuations. If a full valuation is needed, the lender typically covers the cost.
Can I refinance with bad credit?
It depends on the nature and age of the credit issues. Some specialist lenders work with impaired credit. Book a call to discuss your specific situation.
Could You Be Paying Less?
Book a free refinance assessment. We'll compare your current loan to the market and show you if you can save.
J2C responds within 2 hours during business hours