05/08/2026
Has your financial situation changed since you first took out your home loan? The start of a new financial year is a great time to review whether your current loan structure, whether fixed, variable or split, still aligns with your goals and needs. Taking the time to review your home loan could help you identify opportunities to better manage your finances over the long term.
🔍Review Your Interest Rate
New Financial year, new opportunity! If your interest rate hasn't been reviewed in a while, now may be the time to speak with your lender to discuss your options. Even a small rate reduction could save thousands of dollars over the life of your loan.
🔍Review your Loan Structure
Your financial situation may have changed since you first took out your home loan. Reviewing whether a fixed, variable or split loan structure still suits your current home loan remains the right fit for your circumstances.
💳Switch to fortnightly repayments
Want to pay your loan off sooner? Consider changing from monthly to fortnightly repayments. More frequent payments can reduce the amount of interest charged and help you pay down your loan faster.
🏠Check your property value
Property values may have increased since you first took out your loan. A higher property value could improve your Loan-to-Value ratio (LVR) and potentially make you eligible for a better interest rate.
🏋🏼♂️ Make the most of your offset account
Have an offset account? Make sure your spare cash is sitting in it. The more money you can keep in your offset account, the less interest you’ll pay on your home loan, helping you pay off your home loan sooner.
Speak with one of our lending specialists to review your home loan and explore the options available to you. 💛
This information does not take into account your own objectives, financial situation or needs. Before acting on the information you should consider whether it is right for you and seek your own advice.
