Switching lenders can lower your rate, unlock equity, or consolidate debt — but exit fees, new loan costs, and LMI reset can sometimes outweigh the benefit. We'll run the numbers honestly before you apply.
If your current rate hasn't moved with the market, switching lenders — or sometimes just renegotiating with your existing one — can lower your repayments without changing anything else about the loan.
Borrowing against equity you've built up, often used for renovations, a deposit on an investment property, or consolidating higher-interest debt into your mortgage.
Rolling credit cards, car loans, or personal loans into your mortgage can lower your total monthly repayment, though it can also mean paying that debt off over a much longer period.
Moving from fixed to variable (or the reverse), adding an offset account, or splitting your loan as your circumstances change.
Fixed rate break fees or discharge costs from your current lender.
Application fees, valuation fees, and whether LMI applies again if your equity has changed.
How many months of savings it takes to recover the cost of switching.
We'll compare your current loan against the market at no cost.
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