If you’re looking to save money on you mortgage repayments or pay off your loan faster, considering a loan refinance may be a good option for you. There are hundreds of products in the market, and we can compare and show you multiple options from leading banks and lenders across the country. At My Options Finance, we offer a range of refinancing and home loan options to help you save and get the most out of your home loan. Whether you’re looking to lower your interest rate, pay off your loan quicker or consolidate your debt, we are here to help you find the right lending options and make the process easy for you.
Did you know that saving just 0.50% p.a. on a $450,000 home loan could save you $2,250 in interest costs in the first year? We have worked with a client recently that saw their rate drop by up to 1.30% after refinancing. Think about the savings that could bring if you were to do the same?
Don’t be loyal to your current bank if they have not offered you a better deal at least once every 12 months. By shopping around and letting us scan the market for you, we can help you save thousands of dollars and potentially pay your loan off quicker. Just get in touch and we will be glad to review your current home loan, show you if you can make any savings and let you know all the costs involved. We believe in full transparency when dealing with our clients hence you will know all the ins and outs of the finance structure before you agree and start the application process.
Benefits of refinancing can include:
- Secure a lower rate to reduce your interest costs
- Pay your loan off faster
- Consolidate debts and improve your monthly cashflow
- Assess your loan structure and add or remove loan features that you may or may not need
- Access equity for investing, renovations, car, holiday or debt consolidation
My Options Finance has access to hundreds of loan options from over 30 lenders. We are ready to help you compare and save on your loans. Let’s chat, contact us today for a no obligation discussion about your refinancing needs and we can let you how we can assist in beginning the finance journey.