When is a Good Time to Refinance Your Home Loan?

The home loan market is ever changing; new loans and features become available and interest rates rise and fall. Similarly, personal circumstances shift with employment opportunities and changing family dynamics.

Learn More About When to Refinance Your Home Loan at iSelect

With things changing at the drop of a hat, it’s a good idea to do a home loan health check every 12 months or so to see whether it is still meeting your needs.

If you’re unsure if you would benefit from refinancing your home loan, we’ve put together some useful questions to ask yourself:

1. Have your circumstances changed?
2. Have interest rates changed?
3. Is your fixed rate ending?
4. Did you speak to a broker?
5. Do you have other debts?
6. Do you need funds for a big purchase?
7. Could you be receiving better service?

With so many lenders competing for your business, you have the right to be fussy about service. Identifying the product features and services you are looking for may help you decide if there is a loan or lender that will better meet your needs.

Call 13 19 20 or complete our online home loans needs analysis to speak to a qualified mortgage broker and learn more about your options. There is no obligation to refinance, it’s simply worth a look.

iSelect powered by AFG does not compare all home loan lenders or products in the market. Some products may only be available from iSelect powered by AFG’s call centre. The availability of products may change from time to time. Not all products available from iSelect powered by AFG’s providers are compared due to commercial arrangements, your stated needs and circumstances. Not all products compared by iSelect powered by AFG will be available to all customers. Click here to iSelect powered by AFG’s range of lenders. Home loans products arranged by iSelect Mortgages Pty Ltd (ACN 148 217 181) powered by AFG, is an authorised credit representative of Australian Finance Group Limited (Australian Credit Licence Number 389087). Any advice provided in this email/article is of a general nature and does not take into account your objectives, financial situation or needs. You need to consider the appropriateness of any information or general advice iSelect gives you, having regard to your personal situation, before acting on iSelect powered by AFG’s advice or purchasing any product. iSelect receives commission for each product sold.