Your rate quietly stopped being competitive
Lenders reserve their sharpest pricing for new customers. Sometimes the answer is to move; often it is to make your existing lender match the market. We model both, including every exit and setup cost.
Four reasons people refinance
Only one of them is the rate — and it is not always the one that saves the most money.
The loyalty tax has caught up with you
Existing customers routinely sit half a per cent to a full per cent above what the same lender offers new borrowers. On a $650,000 balance that is roughly $400 a month you are paying for nothing at all.
You want to release equity
For a renovation, a deposit on an investment property, or to clear higher-rate debt. Equity release is straightforward when structured well and expensive when it quietly extends a 30-year term over a car loan.
A fixed period is about to end
Rolling onto the revert rate is the single most expensive default in Australian lending. Lenders count on inertia. Sixty days out is when this conversation should happen.
Your circumstances have changed
A pay rise, a business sale, a separation or a new child all change what structure suits you. The loan you took out five years ago was built for a different life.
What switching actually costs
Indicative on a $650,000 variable balance moving to a new lender. Fixed loans add a break cost that must be quoted by the lender.
Indicative only, as at March 2026. Break costs on fixed loans are calculated on the lender funding loss and can be very large — we obtain a written quote before recommending any move.
When refinancing is the wrong answer
We talk roughly two in five clients out of switching. A broker paid on settlement telling you not to settle is worth listening to.
Real lender comparison, in writing
Your file is run against the pricing and credit policy of every lender on our panel — not the three a bank branch can offer. You receive a written shortlist with the rate, the fees and the reason each lender made the list.
A lending strategy built around your position
Offset versus redraw, fixed versus variable, split structures, ownership through a trust — the structure is chosen for the next five years, not just the first repayment.
Guidance from people who read credit policy
Every broker here holds a Diploma of Finance and Mortgage Broking Management and has placed files with the lenders they recommend. We know which policies bend and which do not.
We stay on the file until it settles
Valuations, credit queries, conveyancer timelines and settlement bookings are ours to chase. You hear from us before you have to ask.
- —Break costs on a fixed loan can wipe out several years of saving
- —Refinancing above 80% LVR triggers LMI again, even if you paid it once already
- —A recent job change can make you unbankable at exactly the wrong moment
- —Resetting to a fresh 30-year term hides a higher lifetime interest bill
- —Written break quote obtained from your lender before anything is recommended
- —Current valuation ordered first so we know your true LVR, not the purchase price
- —Repricing pursued with the incumbent before any application is lodged
- —Original loan end date preserved so the saving is real, not deferred
Understand → Compare → Apply → Settle
Understand your goals
Twenty minutes, no forms. What you are buying, what you earn, what you owe and what you have saved.
Credit impact — noneExplore your options
The file is built properly, then run against all forty lenders. You receive a written shortlist with rates and fees.
Credit impact — soft enquiry onlyApply
A pre-qualified application to a lender whose policy you already meet. We order the valuation and manage the assessment.
Credit impact — enquiry recordedSettle
Unconditional approval, loan documents, settlement booked with your conveyancer. The rate review is diarised.
Credit impact — account reportedSee the switch cost against the saving
Repayment comparison, LVR against the 80% LMI threshold, and total interest over the remaining term — all live.
There is no legal limit, but each refinance records a credit enquiry and several in a short period reads poorly to an assessor. Practically, once every two to three years is comfortable. If you are moving more often than that, repricing with your existing lender is usually the better tool.
A single enquiry has a modest, temporary effect and is normal. What damages a file is several enquiries clustered together, which is why we only lodge with a lender whose policy you already meet — and why the comparison stage uses a soft enquiry only.
Only if the ongoing rate is also competitive. A $4,000 cash-back on a rate 0.3% worse than the market costs you about $1,950 a year on a $650,000 loan, so you are behind before year three. Cash-backs are marketing; the rate is the product.
Possibly, but a lower valuation raises your LVR and may push you above 80%, which reintroduces LMI. We order a valuation upfront rather than discovering this mid-application. If the numbers do not work, repricing with your current lender usually still does.
Access and leverage. We can see the pricing every lender is currently writing, which is not what is advertised, and a repricing request from a broker with volume carries more weight than the same request from an individual customer. It costs you nothing either way.
Find out whether moving is worth it
Send us your current rate and balance. We will tell you what the market is offering and whether the switch cost justifies it — including when it does not.