If you have a number of loans that charge high interest rates; a car loan at 15% perhaps, or credit card debt at 21%, then paying off these loans by increasing the amount of your mortgage is worth considering. You could save money because mortgage interest rates are lower. To make this work properly, you'll need to increase your mortgage repayments to keep the date you will pay off your mortgage the same. Preferably, you will make your repayments the same as the total repayments that you were making on all your loans.

We also specialise in refinancing clients out of poorly structured loans to assist them in paying their home loan off faster or to maximise their tax benefits on their investment loan.

Shifting your home loan to another lender may or may not cost a lot more, depending on the lender, the deal being offered and the circumstances. We can help add up the costs, then look at the potential savings and work out how long it would take for the savings to cover the costs.