Refinancing
Interest rates, your circumstances, and your ambitions are all subject to change.
Why refinance?
Interest rates fluctuate on a regular basis. Is yours still viable? If your variable rate is about to expire or your fixed rate is about to expire, you may be able to negotiate a lower rate with your lender or locate one that will.
As a seasoned home owner, you realise the significance of obtaining a favourable mortgage rate. Small differences in rates can have a major influence on your repayments, so when looking for a refinance package, it’s critical to seek unbiased advice you can trust.
Not all house loans are presented the same way. They provide various features and functionalities. Switching to a loan that allows for more regular or extra repayments, an offset account, or a redraw facility can help you pay less in interest throughout the life of the loan. Alternatively, if you aren’t using features on your current loan, switching to a more basic loan could save you money in fees.
Ready to take the next step?
At Force Financial Solutions we will assist you with searching for the best products, whether it be a mortgage, personal loan or debt consolidation.
Have a project in mind?
If you have accumulated equity in your house and are planning a renovation, need to upgrade your car, or have another project in mind, you may be able to refinance to access extra money to support it.
When refinancing for a project, it’s important to consider the costs and benefits associated with the new financing, as well as any potential risks or challenges that may arise. This may involve analyzing the interest rates, fees, and repayment terms associated with the new financing, as well as assessing the financial strength and stability of the project and any associated risks.
At Force Financial Solutions we’ll spend time getting to know you and your goals, as well as reviewing your current mortgage, including any exit fees or additional expenditures.
We will also advise if we think a personal loan is more suited to your needs in the long term.
Lenders Accessed
How much can you borrow?
Want to crunch some numbers before you go any further? Use our online calculators to find out what you can afford or save in regards to your finances.
