Is it worth refinancing my home loan?

Refinancing is typically worth considering if you can reduce your interest rate by 0.5% or more.

What are the costs of refinancing?

Typical costs include a discharge fee ($150-$400), application fee ($0-$600), valuation ($0-$300), and legal costs ($200-$500). Total usually $500-$2,000.

How long does refinancing take?

Refinancing typically takes 2 to 6 weeks from application to settlement.

Should I extend my loan term when refinancing?

Extending your term lowers monthly repayments but increases total interest paid. Keep the same or shorter term if possible.

Refinance Savings Calculator

Chat with our calculator to compare your current home loan against a refinanced option — see monthly savings, total interest reduction and break-even timeline.

Refinance Calculator

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