Refinancing and debt consolidation finance

Why refinance?

There are a number of reasons you might consider refinancing.

These include:

  • Understanding if your current Interest Rate is the most competitive interest rate on the market.
  • Ability to adjust your home loan to suit your changing lifestyle
  • Consolidate debts (such as credit cards and personal loans) into your home loan
  • Renovate and need to access additional funds
  • A home loan review to ensure you’ve got a loan with the features you need .

Things to consider when refinancing

There’s more to refinancing than finding the lowest interest rate.

At Leah Anderson and Associates, we will help you review your current home loan, including interest rates, fees and features. This will put you in a good position to compare your current home loan with other options.

Find out about the features offered on your current loan as well as features available on other loans and work out what features you need.

Together we can do the maths, determine what exit fees you’d pay if you change loans as well as any establishment fees and Government charges for a new loan to ensure you’ll still make savings.