Refinancing
- easier than you think!

Should you Refinance your Home Loan?

Life doesn’t stand still – and neither do interest rates, your circumstances, or your goals. When things change, you should also review your home loan. By refinancing, you could reduce your repayments, pay off your mortgage sooner, simply secure a deal that works better for you or get a cash back offer from a lender that's eager to attract new customers!

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You don’t need to navigate it on your own. At Gadsden Finance Bendigo and Gadsden Finance Geelong, our brokers will be handling the research and comparisons – always with your best interests in mind – refinancing can be straightforward and stress-free.

For what reason would you refinance your home loan?

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• INCREASE CASH FLOW:  Consolidating other smaller debts into your home loan (like car loans or personal loans that usually have higher interest rates) can i most cases reduce your monthly loan repayments and free up some of your monthly income.  

• INVESTING:  If you have enough equity in your home you can increase the mortgage to invest in things such as shares, property etc.

• RENOVATIONS:  You can also increase your mortgage to pay for the cost of renovating or extending onto your existing home.

• LOWER INTEREST RATE:  The most common reason to refinance is to get a better interest rate / product to reduce the overall interest paid over the term of the loan.  

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If you are unsure whether or not refinancing would benefit you and would like to find out, just call us for a FREE CHAT.