Stop Overpaying.
Start Saving.
If you've had your home loan for more than two years, chances are your bank is counting on your loyalty — and charging you for it. We compare hundreds of loans to find you a better rate, handle the switch, and put real money back in your pocket.
Why Australian Homeowners Are Refinancing Now
Australian lenders routinely offer their best rates to new customers — not loyal existing ones. If your loan is more than 24 months old and you haven't reviewed it, there's a strong chance you're paying more than you should.
Refinancing doesn't just mean chasing a lower rate. It's also about restructuring your loan — accessing equity, fixing your rate, consolidating debts, or extending your term to reduce monthly pressure. We look at the full picture.
- ✓ Reduce your interest rate and monthly repayments
- ✓ Access equity for renovations, investments, or life events
- ✓ Consolidate high-interest debts into one manageable repayment
- ✓ Switch from variable to fixed (or combine both)
- ✓ Add a 100% offset account to slash interest
- ✓ Remove a co-borrower or restructure for tax efficiency
Example only. Rates and savings vary by lender, LVR, and circumstances. Comparison rates include fees. General information only.
The Right Refinance for Your Situation
Refinancing isn't one-size-fits-all. We match you to the structure that solves your specific challenge — whether that's rate, cash flow, equity, or debt.
Rate & Term Refinance
The most common type — switching lenders (or products) to secure a lower interest rate, shorter loan term, or both. Even a 0.5% rate reduction on a $600,000 loan can save over $150,000 in interest over the life of the loan. We negotiate directly with lenders on your behalf.
Cash-Out Refinance
Access the equity you've built up in your home — for renovations, an investment property deposit, education, or other major expenses. You refinance to a higher loan amount and receive the difference in cash, typically at a far lower interest rate than personal loans or credit cards.
Debt Consolidation
Roll multiple high-interest debts — car loans, credit cards, personal loans — into your home loan. You replace several repayments with one, at a much lower interest rate. We carefully model the true cost to ensure you're genuinely better off long-term before recommending this route.
Fixed ↔ Variable Switch
Lock in certainty with a fixed rate, or switch to variable to take advantage of rate movements and offset account benefits. Many clients choose a split loan — fixing part and keeping part variable — to balance predictability and flexibility.
What Does Switching Actually Cost?
Refinancing has upfront costs — but in most cases, you recover them within months. We model the true break-even point so you know exactly when you start winning.
Discharge Fee
Your existing lender charges a fee to close your loan — typically $150–$400. Some lenders waive this for good standing customers.
Settlement / Application Fee
Your new lender may charge an application or settlement fee — usually $300–$600, though many online lenders charge $0.
Valuation Fee
Most lenders require a property valuation — $0–$350 with most major lenders for straightforward metro properties.
Break Costs (Fixed Loans)
If you're breaking a fixed rate early, lenders can charge substantial break costs. We calculate these for you before you commit to a switch.
Lenders Mortgage Insurance
If your LVR exceeds 80%, LMI may apply. We check your current equity position first — most refinancers are well under this threshold.
Cashback Offers
Many lenders currently offer cashback of $2,000–$4,000 to attract refinancers. We factor these into our analysis — the right cashback offer can eliminate all switching costs on day one.
How We Handle Your Refinance
From first conversation to settlement, we manage the entire process — so you don't have to chase banks or deal with paperwork.
Loan Health Check
We review your existing loan, rate, LVR, and remaining term to identify exactly how much you're overpaying.
Market Comparison
We compare rates and products across 40+ lenders — including cashback offers, offset features, and fees — to find your best outcome.
Application & Docs
We handle your full application, chase documents, and communicate with the new lender — keeping you updated at each milestone.
Valuation & Approval
We manage your property valuation and track your conditional approval through to unconditional — flagging any issues before they become problems.
Settlement & Switch
Your old loan is discharged, your new loan settles, and you start saving — usually within 2–4 weeks of lodging your application.
Real Savings from Real Clients
These are real results from homeowners who switched lenders with Multipart Finance.
Refinancing FAQ
Your most common questions about switching lenders, answered plainly.
Let's Find Your Best Rate
Tell us a little about your situation and we'll get back to you within 2 business hours with a personalised strategy.
Fast Response
We respond to all enquiries within 2 business hours, Monday to Friday.
Completely Free
Our broker service costs you nothing. We're compensated by the lender on settlement.
No Obligation
Get a complete picture of your options with zero pressure to proceed.
Your Bank Hopes You
Never Read This Page.
Every year you stay on a rate that's too high, you hand your lender thousands in unnecessary interest. Let's change that — for free.