Smarter Home Loan
Solutions Start Here
Smarter Home Loan Solutions Start Here
Refinance with Ellerfield to save money, access equity, or simplify your finances.
Why Refinance Your Home Loan?
Refinancing your mortgage can lead to significant financial benefits. Whether you’re looking to reduce repayments, unlock home equity, or simplify your finances, our mortgage brokers can help you make the right move.
Common reasons to refinance include:
Lower Interest Rates
Reduce your monthly repayments or overall interest over time.
Equity Release
Access your home’s increased value for renovations, investments, or major purchases.
Debt Consolidation
Combine multiple loans into a single, manageable mortgage with one repayment.
Product Features
Switch to a more flexible product with offset accounts or redraw facilities.
Cost-Benefit Analysis
Before refinancing, it’s important to consider all associated costs and weigh them against the potential savings. These may include:
- Exit or break fees from your current lender
- Loan application or setup fees with the new lender
- Valuation and legal fees
- Potential lender’s mortgage insurance (LMI) if your LVR is above 80%
We provide a detailed side-by-side comparison to help you assess your refinancing options with confidence.
Refinance Calculators & Tools
Use our free online tools to estimate your savings:
Refinance Savings Estimator
See how much you could save monthly and over the loan term by switching.
Loan Comparison Tool
Compare your current product against other competitive options.
Break Cost Checker
Understand any fixed rate penalties before making a change.
Success Stories from Our Clients
Case Study
Client Type:
Young Family in Queensland
We save $300 a month and finally did our kitchen!
A couple refinanced their owner-occupied loan from 6.2% to 5.6% and saved over $300 per month. With the equity released, they completed a kitchen renovation and set up an offset account to further reduce interest.
Case Study
Client Type:
Property Investor in Melbourne
I unlocked $50k in equity and streamlined my entire portfolio
An investor consolidated three mortgages into one facility, freeing up $50,000 in usable equity. By restructuring into interest-only investment loans, they enhanced their cash flow and improved tax efficiency.