Refinancing your home loan could save you thousands

Refinancing your loan at the right time can not only lower your monthly payments and help with your monthly budget, but it can also save you thousands of dollars in the long run. On top of this, refinancing your loan offers the opportunity to tap into new features such as offset accounts and the ability to have your salary paid directly into the loan. 

• Save on monthly repayments.
• Access the equity in your home.
• Reduce your loan term.
• Flexibility to fix your interest rate.
• Make your home loan WORK harder for you.

An example

Let's say your current mortgage is $600,000 with a rate of 4.50% p.a. Your estimated monthly payments are $3,040.11, and you will pay $494,440.27 in interest over the total 30 years loan period.  If you drop your home loan to a rate of 3.64% p.a, your monthly payments would be $2,741.38, and you would save of $298.73 per month. Over the course of 30 years, you’d save $107, 542.