Refinancing
Still on Your Original Home Loan?You Could Be Paying Too Much.
The lending market moves fast. If you haven't reviewed your home loan in the last two years, there's a good chance a better rate - and a better deal - is waiting for you.
Loyalty to Your Bank Doesn't Always Pay Off
Banks reserve their best rates for new customers. If you've been with the same lender for years, you're likely sitting on what's known as a “loyalty tax” - a rate that's quietly crept higher than what new borrowers are paying today.
Our loan review is free, takes under an hour, and often uncovers thousands of dollars in potential savings - with no obligation to proceed.
Average annual saving for refinancers
$4,500+
Source: Australian Mortgage Brokers Association estimates. Individual results vary.
That's money that could be going toward your mortgage principal, your family, or your next investment.
Reasons to Refinance
Refinancing isn't just about a lower rate - it's about making your loan work for your life right now.
Secure a Lower Rate
Even a 0.5% difference on a $600,000 loan saves over $3,000 per year. We find the most competitive rates from 30+ lenders.
Access Your Equity
Your property has likely grown in value. Refinancing lets you tap that equity for renovations, investment, or other goals.
Consolidate Debt
Roll high-interest car loans, credit cards, or personal loans into your home loan at a much lower rate.
Switch from Fixed to Variable (or Vice Versa)
Your financial situation changes. We find the right loan structure for where you are now, not where you were years ago.
Fund Renovations
Use your home's equity to finance improvements that add value - without needing a separate personal loan.
How Refinancing Works
Free Loan Review
We analyse your current loan - rate, fees, features, and structure - and compare it against the market. No cost, no obligation.
We Do the Legwork
If we find a better deal, we manage the application, the lender negotiations, and all the paperwork on your behalf.
Settlement & Savings
Your new loan settles, your old one closes, and you start enjoying lower repayments - often within 4–6 weeks.
What Does Refinancing Cost?
We believe in full transparency. Here's every potential cost involved - and how we make sure refinancing is worth it before we recommend it.
Position Ready Finance Fee
Nothing. Our service is free to you - we're paid a commission by the lender when your loan settles.
Discharge Fee (Current Lender)
Most lenders charge a discharge fee of $150–$400 to close your existing loan. We factor this into your savings calculation.
Government Registration Fee
A small state-government fee to re-register the mortgage. Typically $100–$200 depending on your state.
Break Costs (Fixed Loans Only)
If you're breaking a fixed rate loan early, your lender may charge break costs. We calculate these upfront so there are no surprises.
New Lender Application Fee
Many lenders waive application fees. Where they don't, we factor this into the comparison - we only recommend refinancing if you come out ahead.
We only recommend refinancing when the numbers genuinely stack up in your favour.
Common Questions
Book Your Free Loan Review
It costs nothing to find out how much you could be saving.