Refinancing

Move your loan to a better rate— or don't.

Cashback, sharper rates, structure that suits your life now. Refinancing is more than chasing a lower number — and sometimes the honest answer is don't.

Talk to us Run the numbers

Who this is for

Probably you, if any of this sounds familiar.

Your fixed term is ending in the next 6 months and you're wondering if you can do better.
Another bank is dangling cashback at you and you don't know whether the maths actually works.
You bought your house years ago, life's changed, and the loan structure doesn't fit anymore.
You've been with the same bank since the start and you're not sure they're still giving you their best.

How it works

Five steps. Mostly admin we handle.

01
A 15-minute review
Send us your most recent bank statement and rate. We'll tell you whether refinancing is worth it for you — or whether to just refix and stay put.
02
The honest maths
We work out cashback minus legal fees minus break costs minus the cost of whatever rate you're leaving. The number that matters is the net.
03
Pick the right lender
Some banks pay big cashback. Some have sharp rates. Some have flexible structures for offset accounts or revolving credit. We pick what suits your actual life.
04
Submission and approval
Same packaging discipline as a first home loan. We submit, chase, and answer questions. Conditional approval typically lands inside a week.
05
Settlement
New bank pays out the old loan. You sign a couple of forms. Your repayments go to the new account from then on. Nothing else changes.

What we do that the bank can't

We work for you, not for the cashback.

We model the real cashback, not the headline

Cashback offers look big. Then there are legal fees, break costs, and the rate you're actually offered. We do the maths so you know what lands in your account.

We weigh break costs honestly

Breaking a fixed term costs money. Sometimes a lot. We'll quote a real number from your current bank, then tell you whether it's worth wearing.

We pick the lender that wants you

Different banks compete differently for different customers. We know who's hungry for owner-occupier refinances right now and who isn't — so you don't end up on a sales call you didn't need.

The bits you'll hear bandied around

Refinance jargon, demystified.

Cashback: A lump sum the new bank pays at settlement, usually 0.6–0.9% of the loan amount. Comes with a clawback period (3–4 years) — switch again within that window and you pay it back.
Break costs: The amount your current bank charges if you exit a fixed rate early. Calculated from how wholesale rates have moved since you fixed. Sometimes negligible, sometimes thousands. We get a real quote before recommending anything.
Servicing: The new bank reassesses whether you can afford the loan at their stress-test rate. Most refinances service comfortably (you're already making the repayments), but the maths matters if your income or expenses have changed.
Discharge: The legal process of ending the loan with your old bank. The new bank's lawyer handles it — usually included in the bank's legal contribution.

FAQs