consolidate your debt & POTENTIALLY SAVE THOUSANDS

Struggling with repayments? Debts feeling out of control? Combine multiple debts into a single, manageable loan.

Managing multiple debts can be overwhelming. BrokerCo offers debt consolidation solutions that can help simplify your finances and lower your overall interest rates. By consolidating your debts into one manageable monthly payment, you can regain control of your finances and work towards a debt-free future.

CONSOLIDATING OR WRAPPING YOUR DEBTS MAY HAVE MANY BENEFITS.

debt consolidation

Simplified Repayment

Combines multiple debts into a single monthly payment, making it easier to manage finances.

lower interest rate

Lower Interest Rates

Potential to secure a lower interest rate, reducing the overall cost of debt over time.

Reduced Monthly Payments

May lead to lower monthly payments, freeing up cash flow for other expenses or savings.

Fixed Interest Rates

Option to lock in a fixed interest rate, providing stability and predictability in repayment.

Improved Credit Score

Timely repayments on consolidated debt can
positively impact credit scores over time.

Faster Debt Repayment

Allows individuals to focus on paying off debt more efficiently without juggling multiple creditors

flexible payment terms

Flexible Repayment Terms

Offers flexibility in choosing repayment terms that suit individual financial circumstances

reduce multiple creditors

Eliminates Multiple Creditors

Streamlines debt management by consolidating multiple creditors into one, reducing stress and confusion.

Avoids Penalty Fees

Helps avoid late fees, penalties, and missed payments associated with managing multiple debts separately.

REQUEST A DEBT CONSOLIDATION ASSESSMENT

DEBT CONSOLIDATION IS A PERFECT OPTION IF YOU HAVE MORE THAN ONE LOAN, FOR EXAMPLE

  • Car Loan
  • Personal Loan 
  • Home Loan

Our Sunshine Coast Mortgage Brokers can help you to bring all your existing loans into one. This a practical way to make your repayments easier to track and get a clearer understanding of how much you pay to manage your debt.

A BETTER WAY TO MANAGE YOUR DEBT

Wrapping your debt comes with a raft of financial benefits. It can however also help relive you of some of the stress that comes with managing multiple debts and accounts.

We’ve Helped 100’s of Australian’s Manage Their Debts And We Want To Help You Too.

Case Study: Consolidating Debt for Adele and Gavin


Current Situation

  • Home loan at 6.13% interest rate: $415,880 balance with $2,845 fortnightly repayment, 26 years remaining.
  • Credit card debt: $18,000 with $684 minimum monthly repayment (interest only, not reducing balance).

Current Total Minimum Monthly Repayment: $3,529

The Solution
Adele and Gavin can take out a new loan of $450,000 at a lower interest rate of 5.99% over 25 years. This new loan will:

  1. Pay off the existing home loan ($416,000).
  2. Pay off the credit card debt ($18,000).
  3. Fund a kitchen update ($16,000).

New Total Monthly Repayment: $2,897
Monthly Saving: $632 plus a new kitchen!

Investment property finance solutions

Case Study: Debt Wrap for Terese and Stuart


Current Situation

  • Home loan at 6.50% interest rate: $428,000 balance with $620 weekly repayment, 28 years remaining.
  • Personal loan at 17.60% interest rate: $51,000 balance with $321 weekly repayment.

Current Total Minimum Weekly Repayment: $941

The Solution
Terese and Stuart can take out a new loan of $479,000 at a lower interest rate of 6.17% over 28 years, (making sure not to go back to a 30 year term) receiving a $2,000 cashback from the new lender. This new loan will:

  1. Pay off the existing home loan ($428,000).
  2. Pay off the personal loan ($51,000).

New Total Weekly Repayment: $749
Weekly Saving: $192

IF YOU’RE FEELING OVERWHELMED WITH YOUR CURRENT DEBT, WE CAN HELP YOU WRAP IT UP INTO A SINGLE DEBT CONSOLIDATION LOAN!

HOW – Together we’ll work out and combine your debts including multiple credit cards or loans from other providers into a single loan and tally up your monthly expenditure. This a practical way to make your repayments easier to track and get a clearer understanding of how much you pay to manage your debt.
It just makes sense to have one credit provider moving forward with one lower monthly payment.

WHY YOU SHOULD CONSIDER CONSOLIDATING DEBT

Wrap debts into one easy to mange
payment

Take all the hassle out of multiple payments of varying & high interest rates. Consolidate and potentially save thousands every year.

Lower your payments with 1 interest rate across all debts

Wrap all your debts such as credit cards, car loans & personal loans, into a single, low-rate home loan when you refinance your various debts & loans.

Stop paying multiple account fees on different accounts

Fees quickly add up. Move to a single loan with a single monthly repayment, and move to a no or low fee financial loan facility. Ask us how.

FAQs

You can do this by completing a balance transfer, tapping into your home equity or taking out a debt consolidation loan.

Debt consolidation combines all your outstanding credit debts into one loan or a singular monthly payment.

There is no set amount of debt as lenders don’t have this requirement.

Disclaimer: Please note that while consolidating debt into your home loan can lower your immediate repayments, it may have long-term financial implications. Extending the loan term means you could end up paying more in interest over time. It is important to consider these factors and seek financial advice to understand the full impact on your financial situation.

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Let’s see how we can help find the right solution for you!

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