Refinance specialists

Could you be paying less on your home loan?

The average Australian homeowner saves over $400/month when they refinance with WeBroke. We compare 40+ lenders to find your best deal — at no cost to you.

Get a free refinance assessment

No refinance fees

Same-day assessment

40+ lenders compared

Quick refinance savings estimate

Loan balance

$500,000

Current rate

5.89% p.a.

New rate (indicative)

5.29% p.a.

Estimated savings

Monthly saving

$180

Annual saving

$2,159

*Indicative estimate only. Actual savings depend on fees, loan terms, and individual circumstances.

Full refinance calculator

Why refinance

The top reasons Australians refinance

Lower interest rate

Even 0.5% less can save tens of thousands over the life of your loan.

Access equity

Unlock equity for renovations, investment, or debt consolidation.

Better loan features

Upgrade to an offset account, redraw facility, or more flexible terms.

Change loan term

Extend or shorten your loan term to suit your current financial goals.

The process

Refinancing with WeBroke — simple and fast

Free assessment

We review your current loan, rate, and financial situation — completely free.

Market comparison

We compare 40+ lenders and identify your best refinance options.

Application & approval

We handle all paperwork and liaise with the new lender on your behalf.

Settlement & savings

Your new loan settles and you start saving immediately.

Is it the right time?

Signs it's time to refinance

You haven't reviewed your rate in 2+ years

Your fixed rate period is ending soon

Your financial situation has improved significantly

You want to access equity for renovations or investment

You're paying LMI and now have 20%+ equity

You want to consolidate high-interest debt

Your current lender's service has been poor

You want better loan features (offset, redraw)

Costs to consider

Refinancing costs — what to know

Discharge fee

Your current lender charges $150–$400 to close your loan.

Break costs (fixed loans)

Can be significant if you break a fixed rate early. WeBroke calculates this before recommending refinance.

New loan establishment fee

Some lenders charge $0–$600 to set up a new loan. We target fee-free options.

LMI (if LVR >80%)

If your equity is below 20%, LMI may apply on the new loan.

Valuation fee

Some lenders charge $0–$300 for a property valuation.

Free, no-obligation

Find out how much you could save

A free WeBroke refinance assessment takes 15 minutes and could save you thousands every year.

Get my free assessment Refinance calculator