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Map the current loan
Start with your balance, rate, remaining term and present repayment structure.
Home loan review calculator
Refinance Feasibility Calculator
Explore whether changing your home loan could improve your repayments or longer-term position after allowing for rates, fees and switching costs.
Explore a refinance scenario ↓Refinance Feasibility Calculator
Compare your current loan with a new scenario to estimate whether refinancing could improve your position.
Your result is a starting point. We can help you understand what it means for you.
Review your current loan
Look beyond the advertised rate
Refinancing may reduce repayments, improve flexibility or consolidate debt—but the potential benefit needs to be weighed against fees, loan features and the time required to recover switching costs.
Compare a new scenario
Test a different rate or term to estimate possible repayment and interest changes.
Account for switching costs
Consider discharge, application, valuation and settlement costs before judging the benefit.
Worth knowing
A lower rate does not automatically mean a better loan
The comparison should include fees, features, remaining loan term, repayment type and any impact from extending the debt over a longer period.
Your property value, equity, income and current lender arrangements can also affect whether refinancing is practical.
Frequently asked
Refinancing, explained
Short answers to common questions that arise when reviewing an existing home loan.
When can refinancing be worthwhile?+
It may be worth investigating when a different loan could reduce total costs, improve useful features, change the loan structure or better suit your current circumstances.
What costs can apply when refinancing?+
Possible costs include discharge, application, valuation, settlement and government registration fees. Fixed-rate break costs or lender mortgage insurance may also apply in some circumstances.
Will refinancing reset my loan term?+
A new loan can be established with a different term. Extending the term may reduce regular repayments but could increase total interest, so the term deserves careful comparison.
Considering a change?
Compare the whole loan—not just the rate
Talk with us about your current loan, priorities and whether a different structure may suit you better.
