Is a refinance on the cards for you as we step in to a new financial year?
Consolidating small debts can be a great way to ease the cost of living pressures and streamline your finances. Often personal loans and credit cards are on higher interest rates than what are offered to home loan customers as they are providing security for the loan.
A debt consolidation doesn't mean tucking your debts into your home loan over 30 years, you can get a split loan over a shorter period, allowing you to pay off the debt in the same time frame at a lower interest rate.
It really is a win win! If you are wanting to discuss the possibilities of a refinance and see whether you will be better off overall, please get in touch.
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