Interest rates are on the rise. Anyone with a loan is closely examining their finances. Older loans may still be less competitive than current offerings or you may benefit from switching to a fixed rate loan. Take some of the stress of by speaking to the Prosperity Lending team.
Banks are offering significant incentives for refinance loans and our Lending specialists can help you access low interest rates, cash back offers, and bonus Qantas frequent flyer points.
Why refinance?
- Obtain a better interest rate
- Shorten the term of the loan
- Switch from variable rate to fixed rate, or vice versa
- Tap into equity or consolidate debt
Cashback offers of up to $4000 on refinanced loans or even 300,000 Qantas Frequent Flyer points. With international boarders reopened refinancing your loan could pay for your next holiday. Refinancing might seem daunting, but the Prosperity Lending team will manage the process from finding the best deal through to settlement, saving you headaches and hours comparing loans and liaising with banks.
A refinance analysis report from one of our lending advisors can find savings of $15,000-$250,000 across the life on the loan. A 1% reduction on your interest rate could save you thousands over the life of the loan.
Savings on a $500,000 loan with a 1% decrease in interest rate from 4.19% to 3.19%
Disclaimer: the assumptions that this is taken over a 25-year period, with $1,000 in fees for switching and a 1% reduction in a P&I interest rate.
Our team can help with
- Home and Investment loans
- Refinance and debt consolidation
- Construction and renovation loans
- Business Owner Loans
- Car and equipment finance.
Now is the time to refinance to take advantage of the best offers out there without getting stuck in the approval queue. Speak to one of our Lending Advisers Matthew Guy or Melanie Peter on 1300 795 515 or email mguy@prosperity.com.au or mpeter@prosperity.com.au.
Credit assistance provided by Prosperity Finance Advisers Pty Ltd ACN 143 861 303 Prosperity Finance Advisers Ptd Ltd is a credit representative of Australian Finance Group Ltd ACL 389087
