Home Loan Health Check
 |
Refinancing your mortgage can lower your monthly repayment |
|
The total interest paid on your mortgage could be reduced |
|
You can pay your mortgage off faster |
|
Refinancing lets you unlock the equity in your home |
|
Consolidate your debts |
Check your existing loan
Discover the benefits of getting a Home Loan Health Check!
Pay Less
Refinancing may let you take advantage of the lower interest rates or better loan products currently on offer.
Lower Interest
Whilst it depends on the loan terms, costs associated with refinancing and the interest rate that you receive when you refinance it is still possible for you to pay less in total interest.
Use You Equity
A major benefit of refinancing is that it allows you to access the equity in your home.
Consolidate Your Debts
Refinancing can help you to consolidate your debts, making it easier to manage your finances.
James & Luise
case study.
James and Louise are in their early 30’s and live in their owner occupied home with no dependents. They have a car loan and a motorbike loan which they repay monthly. By refinancing their mortgage, James and Louise where able to obtain a better interest rate on their home loan and consolidate the car and bike loans into their mortgage. This saved them thousands of dollars in interest and reduced their monthly repayment by hundreds of dollars.
Contact Sydney Select Finance to see if we can save your money.