Compare your refinance choices in one simple view
Find the right home loan for your needs
Explore your home loan options
How does your home loan compare?
A small change in your home loan interest rate could make a real difference to your monthly budget. This is where refinancing could help reduce your costs and put more money back in your pocket.
Competitive rates with fewer fees
Flexible loan options
Refinance up to 90% LVR
Trusted, award-winning lender
Need to know more? Here's the whole offer
Repayment type
Maximum LVR of 80%
| Product | Interest rate from | Comparison rate |
|---|---|---|
| ZIP Home Loan | 6.44% p.a.* | 6.48% p.a.* |
Maximum LVR of 90%
| Product | Interest rate from | Comparison rate |
|---|---|---|
| Variable Bare Home Loan | 6.04% p.a.* | 6.08% p.a.* |
| Variable Bold Home Loan | 6.14% p.a.* | 6.18% p.a.* |
Maximum LVR of 80%
| Product | Interest rate from | Comparison rate |
|---|---|---|
| Variable Bold Home Loan | 6.64% p.a.* | 6.39% p.a.* |
| 10% deposit minimum | Yes |
|---|---|
| Up to 30 years loan term | Yes |
| Available for refinance or purchase | Yes |
 
|
Yes |
| Unlimited additional repayments | Yes |
| Application fee | $0 |
|---|---|
| Ongoing fees | $0 |
| Security assessment fee | $230## |
| Government fees | At cost |
| Settlement fee | $300 |
Frequently asked questions
As an online lender, we operate without the overheads of a physical branch network or broker commissions. Our digital processes and innovative technology help us keep costs down. This allows us to pass those savings directly on to you through competitive home and car loan rates.
There are many benefits to refinancing your home loan, such as:
- Paying less interest over the life of the loan, saving you thousands.
- Reducing your loan term by a matter of years
- Accessing new features, like an offset sub-account to save on interest repayments and get Visa debit card, online & EFTPOS access to your money.
- Accessing equity, which is the amount you’ve paid off on your current loan.
Yes. While refinancing can save you thousands, there's a few upfront costs to consider like exit fees, break fees, application fees, security assessment fees and settlement fees. At loans.com.au, the only fees you will pay on your home loan is a one-off settlement fee of $300, and a security assessment fee which starts at $230 depending on the location of your property. To learn more, click here.
To refinance, you’ll need documents such as payslips, and details of your existing loan. For a comprehensive list of requirements read our guide on exactly which documents you’ll need to apply for a refinance.
If you’re ready to refinance, simply fill out your application online by entering some of your details in our home loan application form.
Alternatively, chat to one of our friendly lending specialists on 1300 471 806 and they can complete your application for you.
Our Variable Bare Home Loan is a simple option designed to keep things straightforward. If you’re looking for extra flexibility and a fully featured product, our Variable Bold Home Loan comes with a 100% offset sub-account. This account gives you:
-
Full access to your money via online banking, ATMs, EFTPOS, and a Visa debit card
-
Unlimited free redraws for added convenience
Learn more about our home loan with an offset sub-account here: loans.com.au/home-loans/offset-account
An offset sub-account is linked to your home loan and helps reduce the interest you pay. Instead of earning interest like a regular savings account, the balance in your offset reduces the portion of your loan that accrues interest. This can help you pay off your loan faster and save on interest costs.
Key things to know:
- It's a sub-account of your loan, not a separate deposit account.
- Funds in the offset sub-account are not covered by the government deposit guarantee.
- The offset cannot exceed your home loan balance.
If you have any questions, our friendly team is here to help!
From start to finish, refinancing a home loan process be can completed as quickly as a few days or take up to two months. The time it takes to refinance will vary for every homeowner and will depend on factors like the complexity of the loan and the specific lender.
Our home loan process for refinancing
Apply Online
Complete your application through our online platform. Don't forget to contact your current lender to request a 'Discharge Authority Form' from your existing loan.
Upload & Track
Submit your documents and monitor your application in real time via our onTrack portal.
Speak to our Specialist
Our lending specialists will guide you through the process to switch over and refinance your home loan.
Approval & Signing
Review and sign your mortgage documents securely via onTrack.
Settlement
Your loan settles, which means your funds will be ready to be paid out to your previous lender.
Manage Your Loan
You'll receive your login details to manage your repayments and account details via our Smart Money app.
Who is loans.com.au?
Established in 2011, loans.com.au is one of Australia's first online lenders offering great value and award-winning car and home loans. Part of the Firstmac Group, Australia’s leading non-bank lender, we’re backed by four decades of expertise. Our Brisbane-based lending specialists have helped thousands of customers make confident decisions and save on their home and car buying journeys.
Why Aussies choose us?
Award winning loans & service
Flexible loan options available
Australian based lending specialist
Save with our competitive interest rates
Mark
Customer reviews
Our Google Rating
Kathryn
Lending Specialist
Ready to talk to a real person about refinancing?
Our experienced home lending specialists are here to help. Let's chat about your home loan options today.