Most Australians who refinanced in the last 12 months are saving $300–$700 per month. If your loan is more than 2 years old and you haven't reviewed it, there's a strong chance you're paying more than you need to.
$420
Avg. monthly saving
across CPL refinance clients
50+
Lenders compared
including non-bank options
4–6
Weeks to complete
from application to settlement
$0
Broker fees
paid by the lender, not you
Is This Right For Me?
Lenders offer their best rates to new customers, not loyal ones. If you haven't reviewed your rate recently, you're likely paying a loyalty tax.
A 0.5% rate reduction on a $750,000 loan saves approximately $3,200 per year. We compare rates across 50+ lenders to find the genuine market leader.
Years of payments and rising property values may have built significant equity. Refinancing can release that equity as cash — for renovation, investment, or other goals.
Rolling high-interest credit card or personal loan debt into a home loan rate can dramatically reduce your monthly obligations. We model the true cost to ensure it makes financial sense.
Our Process
We review your current loan — rate, features, remaining term, and any break costs — to establish what a switch would genuinely save you after all fees and costs are accounted for.
We compare your situation against products from 50+ lenders, including rates, cashback offers, offset accounts, and redraw facilities. We recommend the option with the best genuine long-term value.
We manage the entire refinance application — liaising with both your existing and new lender, coordinating discharge and settlement. Most refinances complete in 4–6 weeks with minimal effort from you.
What We Do
We compare variable, fixed, and split rate options across major banks, credit unions, and non-bank lenders — finding the genuine market-leading rate for your loan size, LVR, and loan type.
Many lenders offer cashback incentives of $2,000–$6,000 for refinancers. We identify current offers, model whether the cashback genuinely offsets switching costs, and factor this into our recommendation.
If your property has appreciated or your LVR has reduced below 80%, you may be able to access equity as cash. We model the implications for your repayments and advise on whether equity release aligns with your financial goals.
Many borrowers are on loans without effective offset accounts. A properly structured offset account can save years off your loan term and tens of thousands in interest — we model the difference for your specific balance.
Rolling personal loans or credit card debt into a home loan reduces your monthly outgoings, but extends the repayment period significantly. We model both scenarios honestly so you make an informed decision.
Fixed rate loans often carry break costs when refinancing. We calculate the exact break cost from your lender and compare it against the savings from switching — many clients find the payback period is under 12 months.
The Situation
A family in Parramatta had a $750,000 variable rate home loan at 6.89% with a major bank. They hadn't reviewed it since taking it out 3 years ago and assumed loyalty would mean they were on a good rate.
What We Did
A rate health check revealed they were paying 0.72% above what comparable borrowers were being offered by the same lender's competitors. We switched them to a non-bank lender at 6.17% with a full offset account and $3,000 cashback.
The Outcome
Monthly saving: $450. Annual saving: $5,400. Cashback after discharge fee: $2,600. Total first-year benefit: approximately $8,000. They also gained a proper offset account where their savings were previously in a separate account earning lower interest.
$5,400
annual saving on a 3-year-old $750K loan
"All cases are anonymised. Results vary by individual circumstances."
Calculators & Tools
Estimate your monthly repayments and total interest over the life of the loan. Compare principal & interest vs. interest only.
The key calculation is: (monthly saving) × (remaining loan months) vs. (switching costs + break costs if fixed). We do this analysis for free in the initial consultation. As a rough guide, if your rate is more than 0.4% above current market rates, refinancing is almost always worthwhile.
Typical costs include a discharge fee from your existing lender ($150–$350), government registration fees ($150–$300), and potentially a new lender application fee (often waived). For variable loans, there are no break costs. We provide a full switching cost breakdown before you proceed.
Typically 4–6 weeks from application to settlement for a straightforward refinance. Complex situations with multiple properties or unusual income structures may take 6–10 weeks. We manage the entire process and keep you updated throughout.
A credit enquiry is made when you apply for a new loan, which has a minor temporary impact on your credit score. This is normal and minimal. Multiple enquiries in a short period have more impact, which is why having a broker do a single well-targeted application is better than applying to multiple lenders yourself.
Yes. Self-employed borrowers and those with irregular income have specific lender options — including low-doc and alternative documentation products. We know which lenders have the most favourable policies for these scenarios and can often achieve rates close to standard products.
CPL Finance — Refinancing
Tell us a bit about what you need. One of our advisors will get back to you within one business day.
Sydney CBD Office
Phone Number
(02) 9261 0769Email Address
info@cplinternationalgroup.com.auSydney CBD Office
Level 2, Suite 203B, 309 Pitt Street, Sydney NSW 2000Hours
Mon–Fri, 9am–5pm
