Home loan switch fees, break fees, discharge fees, new home loan application fees, LMI and mortgage stamp duty can all add up to a sizeable amount, possibly several thousand dollars, in refinance home loan costs. Try to make sure that either the interest cost you will save by refinancing will cover the fee cost in three years or less, or that the easing of pressure on your ongoing financial situation will be worth the amount you will pay in fees.
Finty members get
I don't want rewards
I want rewards
Disclaimer: You need to be logged in to claim Finty Rewards. If you proceed without logging in, you will not be able to claim Finty Rewards at a later time. In order for your rewards to be paid, you must submit your claim within 45 days. Please refer to our T&Cs for more information.
