We compare your current loan against 40+ lenders to see whether refinancing could save you real money.
If it's been a couple of years since you reviewed your home loan, there's a good chance you're paying more than you need to. Lenders save their sharpest pricing for new customers, not loyal ones — at no cost to you, we'll check whether you're one of them.
When refinancing makes sense
You haven't reviewed your rate in 2+ years
Your fixed term is ending and you're about to roll to a higher variable rate
You want to access equity for renovations or an investment
You'd benefit from features like an offset account or a loan split
You want to consolidate debt into a lower-rate facility
It's not just the rate
A genuinely better refinance accounts for switching costs, loan features, and your plans for the next few years — not just the headline number. Sometimes the smartest move is staying put with a repriced rate we negotiate for you; we'll tell you either way.
The borrowing-power check
Refinancing is a new application, so it's assessed at your rate plus the 3% serviceability buffer. If your circumstances have changed, that affects your options — we'll confirm what's achievable before you commit.
It may be worth it if you haven't reviewed your loan in a couple of years, your fixed term is ending, or you want to access equity or better loan features. A genuine saving accounts for switching costs and your future plans, not just the headline rate. We'll run the full numbers and tell you honestly whether refinancing or simply repricing your current loan is the smarter move.
Refinancing is a new application, so it's assessed at your rate plus the 3% serviceability buffer. If your circumstances have changed since your original loan, that can affect your options — we'll confirm what's achievable before you commit.
No. Our home loan service is free to you — we're paid by the lender on settlement. We'll factor any exit and setup costs into the comparison so any saving we show you is a real, net figure.
General information only; not financial or credit advice. Source: APRA. Loan Worth is a credit representative of Connective Credit Services Pty Ltd, Australian Credit Licence 389328.