Borrowing Guide
Refinancing
The wrong loan could cost you a fortune
Don’t get complacent with your home loan. If it’s not quite right for you and your situation, it could be costing you thousands of dollars!
Request a no-obligation appointment with an Aussie Mortgage Adviser and we’ll compare your loan against the hundreds on our panel to discover what you could save.
Consolidating your debts
You could save thousands in interest payments, fees and charges by consolidating your personal loans, credit cards or car loans with your home loan.
By making one regular repayment (rather than several) at one competitive rate, you may be able to get ahead and pay your debts off sooner than you had planned. Many lenders offer you the flexibility of ‘splitting’ your home loan with other debts, so that you can manage them separately whilst still benefiting from the lower interest rate.
But remember to be careful. Don’t end up paying more by spreading your repayments over a longer period of time, and check that the savings you can achieve will outweigh any exit costs on your existing loans.
An Aussie Mortgage Advisor can help you restructure your finances, outlining the best ways for you to achieve great savings and avoid the traps.
Tips for refinancing
Here are some handy hints if you’re thinking about refinancing:
- You don’t have to move home to move your loan – Why wait until you sell your home or buy another property to start saving? Let us show you how refinancing may help you start saving thousands today.
- Don’t pay for features you don’t use – Your loan might not be the best fit for you and your banking style. You may be able to cut years and thousands of dollars off your loan through lower interest rates and fewer fees and charges on the loan that’s right for you.
- Save even more by consolidating your finances – Consolidating your credit cards, personal loans and car loans with your home loan may save you thousands in interest payments, fees and charges.
- You don’t need to shop around – We’ll do all the hard work for you. We offer a wide range of loans from the banks and other lenders including Aussie. We’ll help you compare your current loan and determine the loan that’s just right for you –saving you lots of time, and potentially thousands of dollars!
Let us do the hard work. An Aussie Mortgage Adviser can help you understand all your home loan options and find the deal that's right for you.
