With interest rates in flux and new lender offers popping up all the time, 2025 might be the right time to refinance. But it’s not always as simple as switching to a lower rate. Here’s what you need to consider.
1. Review Your Current Home Loan
Start with understanding your existing loan. What’s your current rate? Are there break costs or early exit fees? What features do you use or are available to you: offset, redraw, split repayments? These details form your comparison baseline.
2. Look Beyond the Rate
A low headline rate can be tempting, but it’s not the whole story. Consider the loan term, annual fees, and whether features like offset accounts are included. Sometimes a slightly higher rate with better features can be more valuable in the long run depending on how you want to use it
3. Check the Timing
If you’re on a fixed loan, refinancing early might come with break costs. If you’re planning to sell in the short term, switching might not stack up. We run the numbers for you to make sure refinancing is actually in your best interest.
4. Know Your Goals
Refinancing isn’t just about saving money, it’s also about reshaping your loan to suit your goals. That could mean reducing repayments, shortening your loan term, or accessing equity for renovations or other investments.
5. Update Your Financial Profile
Your income, expenses, credit score, and property value all influence how competitive your new loan options will be. We’ll guide you through a full review to make sure you’re positioned for the best outcome. We manage the process from lender comparison to application and settlement.
How Goodlend Makes Refinancing Simple
Goodlend makes refinancing easier by doing the heavy lifting for you, comparing lenders, negotiating better terms, and helping you structure a loan that suits your next chapter, not just your best rate. Whether you’re looking to reduce monthly repayments, consolidate debt, or unlock equity for something new, we’ll find the right refinance for you.
The Digital Edge For Your Refinance
At Goodlend, we use smart digital tools to make refinancing faster, easier, and smoother. From instant ID checks and e-signatures to streamlined application prep and real-time updates, we cut through the usual paperwork and delays. With access to over 30 lenders and live comparisons, we combine tech-driven efficiency with our brokers’ support, so your refinancing journey feels simple, transparent, and tailored to you.
The Goodlend Difference
Smart refinance, done right. We’ll help you decide if switching stacks up, make the process efficient, and keep you informed from start to finish. And because it’s Goodlend, your refinance helps fund a cause you care about.
Our goal is to take the complexity out of refinancing, and give you real clarity on your options. We’re not tied to any one lender, so our recommendations are always focused on what works best for your needs and future goals. Whether you’re a few years into your mortgage or much further along, we’ll help you assess the value in switching and handle the hard stuff so you don’t have to. And just like with any Goodlend loan, when your refinance settles, we donate part of our commission to a cause you care about. Practical support, with purpose. Let’s explore what a better loan could look like for you.
