Refinancing

A way to utilise the equity in your home. Many Australians own homes that are worth more than the balance of their mortgage. With a home equity loan, you can unlock that ‘equity’. What is home equity? You’ll hear a lot about equity in relation to home loans. Equity is […]

Whether you’re after lower repayments or want to tap into the equity sitting in your home, refinancing can offer a world of benefits. Here are some things to be aware of so that you don’t find yourself hooked into a bad deal. Don’t be fooled by the interest rate Finding

Refinancing can be a great way to save money if you believe you are paying too much for your loan, but there is more to it than just finding a loan with a lower interest rate and making the change. Before making the switch, ensure the savings you could make

Whenever it makes financial sense to do so. In the past, most people who took out a mortgage doggedly continued with it until they had paid it off. These days, people refinance their mortgage much more frequently. Here we look at some of the reasons people in Australia refinance their

As a home owner with a mortgage, chances are you’ve heard of the term ‘refinancing’. Refinancing involves reviewing your current mortgage, and potentially swapping your loan to another lender who can better meet your current needs, wants and circumstances. Refinancing can also allow you to consolidate your debts or pay

So, the home loan you agreed to a few years back no longer caters to your current financial situation and you now need to make a decision on whether or not refinance. Here’s a list of everything you need to consider before making the big switch. Set your goal Whether

If you’ve been paying off your home loan for a few years and have built up some equity, it might be time to have a look at your home loan and see if it’s still the best package for you. If not, it’s time to look at your options. One

According to the ABS, the number of people refinancing their mortgage increased by over 63% in the year to May 2020. Quite often people think the only reason to refinance is to obtain a lower interest rate. However, this thinking is incorrect. Typically, you don’t need to refinance to obtain a

If you’re smart about it, refinancing a car loan can save you both time and money. While COVID-19 has encouraged many Australians to get smart about money, many are overlooking the potential savings that could be unlocked through refinancing their car loan. CarClarity CEO Zaheer Jappie told nestegg that car

So, the home loan you agreed to a few years back no longer caters to your current financial situation and you now need to make a decision on whether or not refinance. Here’s a list of everything you need to consider before making the big switch. Set your goal Whether

As a home owner with a mortgage, chances are you’ve heard of the term ‘refinancing’. Refinancing involves reviewing your current mortgage, and potentially swapping your loan to another lender who can better meet your current needs, wants and circumstances. Refinancing can also allow you to consolidate your debts or pay