If your home loan is more than a couple of years old, there is a real chance you are paying more than you need to. We tell you honestly whether switching is worth it.
Source: Reserve Bank of Australia. The gap narrowed as borrowers actively refinanced. Those who never check still risk overpaying.
The ‘loyalty tax’ over time
Extra rate on older loans vs new loans
Source: Reserve Bank of Australia
Is your loan still working for you?
Lenders reserve their sharpest rates for new customers. The loyalty tax on existing borrowers can quietly add up to thousands of dollars a year.
But refinancing is not automatically the right move. Break costs, discharge fees and a shorter remaining term can eat into the savings, so we run the real numbers first.
How a refinance review works
Send us your loan
Your rate, balance and lender. That is all we need to start.
We compare
Your loan against more than 20 lenders, including any cashback offers.
See the real numbers
Genuine savings after every fee, with a clear break-even point.
Only switch if it wins
If staying put is better, we tell you that too.
“We will only recommend refinancing if it actually benefits you. If staying where you are is the smarter move, that is exactly what we will tell you.”
Common questions
How do I know if refinancing is worth it?
We compare your current rate and fees against more than 20 lenders and only recommend switching if the numbers genuinely benefit you.
Will refinancing hurt my credit score?
A single, well-matched application has minimal impact. We match you to the right lender first rather than scattering applications.
What does switching actually cost?
Usually a discharge fee, a new application or valuation fee, and small government fees. We factor these into your break-even before you commit.
Let’s start the chat
A no-obligation conversation. We compare more than 20 lenders and tell you honestly what is achievable for you.
Cyril Finance Group is a trading name of Cyril Marketing Pty Ltd as Trustee for the Keryakes Family Trust (ABN 63 890 064 995). Sherif Keryakes is Credit Representative 579481 of Finsure Finance and Insurance Pty Ltd (Australian Credit Licence 384704). This information is general only and does not consider your objectives, financial situation or needs.