Rates are rising.

Modern mortgages provide a plethora of features to help you manage and pay off your mortgage faster than the conventional 30 years.

Most Australians don’t know how these features function or which ones they need.

Our home loan specialists will help you find the right loan with features that best suit your current and future needs.

What’s your current mortgage rate? When borrowing hundreds of thousands of dollars, a home loan checkup is financially smart. Not all house loans are made equal, and it’s not as simple as comparing interest rates.

There are two rates to consider when re-evaluating the interest payable on your loan: interest rates and comparison rates.

Simply put, the annual interest rate doesn’t include costs. The comparative rate includes the yearly interest rate and most upfront and recurring expenses, so you know what to expect.

If you find a lower interest rate, don’t rush to change.

First, compare the two loan options and estimate mortgage repayments. Inform your existing lender you’re considering switching.

A good credit history and more than 20% home equity may help you negotiate. Make sure you understand which product is right home loan for you, as the costs of refinancing may outweigh the benefits from switching.