Benefits

What Refinancing Can Do For You

Lower Repayments

Switching to a lower rate can reduce your monthly repayments by hundreds of dollars — money back in your pocket every month.

Reduce Total Interest

Even a small rate reduction over the life of a 30-year loan can save you tens of thousands in total interest paid.

Access Equity

If your property has increased in value, refinancing can let you access that equity for renovations, investments, or other needs.

Better Features

Get access to offset accounts, redraw facilities, flexible repayments, and other features your current loan may lack.

The Difference

See What Refinancing Could Mean for You

A real-world comparison showing the impact of switching to a lower rate.

Before Refinancing
6.25%
Current Interest Rate
Monthly Repayment$3,386
Total Interest (25 yrs)$515,725
After Refinancing
5.49%
New Interest Rate
Monthly Repayment$3,070
Total Interest (25 yrs)$421,000
You save $316/month — $94,725 over the life of the loan Based on a $500,000 loan over 25 years. Estimates only.
Timing

When Should You Consider Refinancing?

There are several key moments when reviewing your home loan makes the most sense:

Your fixed rate is expiring

Don't let your lender move you to a higher variable rate. Lock in a better deal before your term ends.

Rates have dropped

If market rates are lower than what you're paying, you could be saving significantly.

Your circumstances have changed

Higher income, growing family, or property value increase — your loan should evolve with you.

You want to consolidate debt

Rolling high-interest debts into your mortgage can dramatically reduce your total interest burden.

The Reficity Process

How We Make Refinancing Effortless

From your first enquiry to settlement, we're with you every step of the way.

1
Free Assessment

Tell us about your current loan. We'll quickly determine if you could benefit from refinancing.

2
Lender Comparison

We compare options across 30+ lenders and present you with the best-fit solutions.

3
Seamless Switch

We handle all the paperwork, liaise with both lenders, and ensure a smooth settlement.

Eligibility

Am I Eligible to Refinance?

Most Australian homeowners with an existing mortgage are eligible. Here's what lenders typically look for:

  • Sufficient equity in your property (typically 20%+)
  • Stable income and employment
  • Clean repayment history
  • Reasonable credit score

Don't meet all criteria? We can still help. Every situation is unique, and some lenders have more flexible requirements.

Check Your Eligibility

Important: Refinancing involves costs such as discharge fees, application fees, and potentially break costs if you're on a fixed rate. We'll always factor these in to ensure your switch delivers genuine savings.

Quick Refinance Checklist

Ready to Refinance Smarter?

Join thousands of Australians who've saved on their mortgage. Get a free assessment in minutes.