Refinance Your Home Loan

Switch to a better rate and potentially save thousands over the life of your loan. We compare your current deal against a wide range of products.

Australian homeowners overpay on their mortgage by an average of $3,000 per year simply because they never review their rate. Refinancing replaces your existing loan with a new one, ideally at a lower interest rate, better features, or both. We compare your current deal against a wide range of products from over 40 lenders and handle the entire switching process from application to settlement.

Why Choose Us

Rate Comparison Across 40+ Lenders

We benchmark your existing rate against the full market including major banks, second-tier lenders, and non-bank specialists to find you the most competitive deal.

Cashback & Switching Incentives

Many lenders offer cashback rebates of $2,000 to $10,000 for refinancing customers. We identify current offers and factor them into the true cost comparison.

Debt Consolidation

Roll credit cards, personal loans, and car finance into your home loan at a much lower interest rate. We calculate whether consolidation saves you money after accounting for the longer repayment term.

Fixed vs Variable Analysis

We model different rate scenarios to help you decide between fixing your rate for certainty, staying variable for flexibility, or splitting your loan to get both.

Break Cost Assessment

If your current loan is on a fixed rate, break costs can be significant. We obtain exact break cost quotes from your lender and compare them against the long-term savings of switching.

Loyalty Tax Check

Existing customers often pay higher rates than new borrowers at the same bank. We negotiate with your current lender first and refinance only if they refuse to match the market.

General Advice Warning: The information provided on this page is general in nature and does not take into account your objectives, financial situation or needs. You should consider whether it is appropriate for you before acting on it.

How It Works

1

Current Loan Health Check

We review your existing loan including rate, fees, features, and remaining term. You will see exactly how your deal compares to what is available today.

2

Savings Calculation

We model your potential monthly and lifetime savings across multiple lender options, accounting for any exit fees, establishment fees, and government charges.

3

Application & Valuation

We submit your application to the chosen lender, manage the property valuation, and handle all documentation. Most refinances settle within 4-6 weeks.

4

Settlement & Discharge

Your new lender pays out your old loan at settlement. We coordinate the discharge of your existing mortgage and confirm your new repayment schedule.

Frequently Asked Questions

How much can I save by refinancing my home loan?
Savings depend on your loan size, current rate, and the new rate you qualify for. On a $500,000 loan, reducing your rate by 0.50% saves approximately $160 per month or $57,000 over a 30-year term. We provide a personalised savings calculation before you commit to anything.
Are there costs involved in refinancing?
Common costs include a discharge fee from your current lender (typically $150-$350), government registration fees ($150-$300 depending on your state), and the new lender's establishment or application fee. Many lenders waive upfront fees for refinancing customers. We outline all costs so you can see the net benefit.
Will refinancing affect my credit score?
A refinance application generates a credit enquiry on your file, which may cause a minor temporary dip in your score. However, if you are making repayments on time and not applying with multiple lenders simultaneously, the impact is minimal. We submit one targeted application to maximise your approval chances.
Can I refinance if I have less than 20% equity?
Yes, but your options may be more limited and you might need to pay Lenders Mortgage Insurance again. If your property has increased in value since you purchased, you may have more equity than you think. We order an upfront valuation estimate to confirm your position before proceeding.
How often should I review my home loan?
We recommend reviewing your mortgage at least once a year or whenever the Reserve Bank of Australia changes the cash rate. Lenders frequently adjust their pricing, and the product that was competitive two years ago may no longer be the best option. We offer ongoing rate monitoring for all our clients.
Google Reviews

What Our Clients Say

Real reviews from real clients across Australia

"We would like to thank Stephen and Jeng so much for their assistance and support in our refinancing process. The team were proactive and always available to help."

GR
Ganga Rai Jones
Dec 2025

"Stephen's professionalism, attention to detail, and genuine care made the entire mortgage process smooth and stress-free. He secured us the best rates when our first bank delayed."

PN
Pooja Naidu
Nov 2025

"Damien and Jeng were amazing to deal with! They helped us refinance our home loan so we could get our renovations underway. The process was easy and stress-free."

NT
Nigel Taylor
Nov 2025

"Damien was efficient and friendly. In a blink of an eye he got me from point A to B."

JS
Jenny Searle
Nov 2025

"Damien was very helpful, easy to communicate with. Kept me informed all the way and successfully refinanced my mortgage with a much better deal."

T
Tozano
Oct 2025

"Stephen and his team are highly recommended; my SMSF lending case was a complex one, but Stephen found some options. Great communication and responsiveness throughout."

SG
Scott Giffen
Sep 2025

"Damien from Manage Your Loans was fantastic in every step of our refinancing. Always available on the phone whenever questions needed to be answered."

MC
Matthew Campton
Sep 2025

"We were very impressed with the support we received during our home loan process. Damien's expertise and professionalism stood out."

SS
Suraj Subramani Vineet
Sep 2025

"Stephen was great throughout the whole process. He kept me up-to-date and informed the entire time."

MH
Manda H
Aug 2025

"Stephen Vider from Manage Your Loans helped me greatly through the refinance process. He was very transparent throughout."

BS
Brendan Smith
Jun 2025

"Ben was absolutely friendly and made the entire refinancing process completely stress-free for us. He took the time to understand our needs."

PP
Pourya Pazandeh
May 2025

"We gave Damien from Manage Your Loans a complex challenge as we were refinancing 3 separate mortgages on two properties. He completed the intricate case successfully."

ML
Michael L
Mar 2025

"Great service, MYL managed to get a better deal from the same bank! A must go for your home loan."

TT
Thomson Tam
Oct 2024

"Damien was a pleasure to deal with. Walked me through the whole process. Made everything very simple."

ML
Marco Loprevite
Sep 2024

"We wish to acknowledge the outstanding service we experienced throughout the refinancing process. Damien's professionalism and industry knowledge were remarkable."

N
NikoD
Aug 2024

"Amazing! Debra and the team took exceptional care of us while getting a home loan for our first home in Australia."

MH
Michael Howard
Jul 2024

"Second time around with Damien. Highly recommend him for his honesty, integrity and personalised service."

GM
Grant Maskell
Jul 2024

"The team from Manage Your Loans has been really helpful in doing my refinance to another lender. Thank you Deb, Grace and Leanne."

AG
Alvin Garcia
May 2024

"Damien was fantastic as our mortgage broker! From start to finish, he was knowledgeable, professional, and incredibly helpful."

SK
Sandeep Kappala Venkat
May 2024

"The team at Manage Your Loans were amazing. Leanne and Nathan were with me every step of the way and successfully got over the line a new loan for my Self Managed Super Fund."

JE
Janice Elsley
Feb 2024
5.0
Based on 21 Google Reviews

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