Refinance Home Loan in Pakenham

Should you refinance your home loan?

To make sure that you are achieving your financial goals, and have all the features necessary for a successful home loan experience, it is important to regularly review your mortgage.

Homeowners who rely on variable home loans will experience unprecedented repayments soon, as the recent minutes from RBA board meeting signals an impending rate increase.

If your home loan needs have shifted since the time you acquired it, or if the market has presented more advantageous interest rates and additional features that would be beneficial to you, then now is a perfect opportunity for refinancing.

By doing so, not only will this lower your repayments but also shorten the term of your loan – meaning extra capital to make accelerated mortgage payments and own your ideal house even sooner! Compare loans today to see how much money you can save on refinance.

Considering refinancing your mortgage?

There are plenty of reasons to do so.

Get the chance to change up features such as flexible repayments, redraw facilities and an offset account – or maybe you’d like access equity in order to renovate, invest or travel.

If coming off a fixed rate term has left you wanting for better interest rates or more flexibility with your home loan, then now is the time!

Refinancing can also be ideal if debt consolidation interests you; combine things like personal loans and credit cards into one easy-to-manage payment plan under your existing mortgage.

With all the perks that come from refinancing, why not give it some thought today?