Potential Savings

Refinancing your current home loan holds much saving potential if you do your calculations right. This is a perfect time to explore your options as the interest rates are at an all-time low and the process to move loans has become very straightforward. Speak with us today to find out whether it will give you the financial benefits you are looking for.

How Can You Financially Benefit from a Refinance?

When considering refinancing your mortgage loan we advise not to move ahead without doing a cost benefit analysis first. With low interest rates offered by the lenders, refinancing is a very tempting option for many home owners but you should always consider the costs of a refinance and calculate the claw back period from potential savings before making any decision.

Some ways to save money through refinance are listed below:

Get lower interest rates

You should always look to get a better interest rate when refinancing your current mortgage loan. A great rate can potentially save thousands of dollars in future. As we are committed to get the best loan for our customers you can always be assured that we will compare between all available options before proposing the most attractive rates available in the market.

Debt consolidation

It is always advisable to keep your personal and credit card debt to a minimum because not only is this a factor which is taken into consideration by lenders during the assessment of your loan application but it also make it easier for you to make loan repayments. Many of our clients find it convenient to consolidate their debts with different lenders by rolling them into the refinance loan. The lower interest rates also result in good savings and make the repayments easier.

Get better options

As you already have a home loan you are aware of the additional fees which you are paying to your current lender. It is always advisable to speak with your broker to find out whether you can get better options when you refinance your loan. By switching to a loan with no additional fees you could use that extra money towards your loan repayment.

Get professional Help

We can do a free no obligation home loan health check for you to find out the most suitable options for you. Based on our advice if you decide to refinance your current loan we will compare products, suggest the most suitable lenders, prepare all documentation and get you an excellent rate. Just get in touch with us today so that our expert can meet you in person for an initial assessment.