With interest rates in Australia currently sitting at historic lows, now is the perfect time to review your home loan and make sure it still meets your needs.

By reviewing your home loan, you may find that not only is there a better deal available, but that you are able to save thousands of dollars in mortgage repayments a year, and over the life of your loan.

But it’s a big step and it’s worth knowing what’s involved.

If you’re like other Australians with a home loan there’s a good chance you spent time researching all the loans available at the time to find the mortgage that best suited your needs at the time.

But if your circumstances have changed, or if you’ve had your home loan for a few years, refinancing can offer you the chance to take advantage of more flexible features, or better rates, or both.

OpenFinance recommends home loans are reviewed at least annually to check that it is still continuing to meet your needs with the features you need or want, at a competitive interest rate.

If you think you’re paying too much, contact OpenCorp now; we can compare hundreds of loans to see if you could save money by refinancing.

Fiona

Thanks to Ian for finding me a solution!

Recent changes to investment lending saw an increase in my interest rates and the banks dictating terms of repayment of my loans. Before I met Ian other brokers I met with said there was nothing that could be fine to improve my finance structures.

Ian was brilliant in looking for solutions to my situation and was able to find me another lender, saving me $830 per month (that’s $10K a year!!)

Thank you Ian for all of your hard work!!

Use the variety of calculators below for easy things like budget planners, savings goals calculators and income tax calculators; or to work out the stamp duty on your next property purchase, or browse our borrowing power and loan repayment calculators.