Mortgage Switching
Working out whether switching your mortgage will save you money
Want to work out the benefit of switching your mortgage from one loan product to another?
Our mortgage switching calculator give you an estimate of the savings you may have (or
costs) from switching your current loan product to another loan product.
This is a handy step to take before refinancing your mortgage as it will show you the impact
of refinancing and can help you decide on whether it is suitable for you.
By entering the details of your current loan including loam amount, loan term and interest
rate, and then inputting the details of the new proposed loan, this calculator will give you an
estimated summary of the savings associated with refinancing.
Make sure you enter realistic figures so that you can give yourself a more accurate picture.
This can help you plan more effectively. Pair this with our repayment calculator to work out
the new loan repayments.
“*The calculator has been provided in good faith as a guidance tool only. Results are not financial advice, are a guide only, and are not a guaranteed outcome or quote. Borrowers should always discuss their individual situation with an Australian Credit Licensee or authorised Credit Representative”
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If you have any questions about lending no matter what is it or if you know what you want and are ready to move
forward…we can help!
forward…we can help!
Our friendly staff will answer your questions and step you through the process. Contact us today!