REFINANCE
Is there a better option for me?
Mortgages should not be set and forget! Refinancing should be your top priority for a number of reasons, including the chance to potentially save thousands of dollars with a better interest rate.
Going it alone can be challenging, but with Pegasus Finance Group by your side refinancing can be easier than ever. We conduct a thorough review of your circumstances and your current home loan, then compare your situation to the best potential offers on the market.
It is highly recommended that you review your home loan at least once a year, or in any of the following circumstances:
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You've been offered a raise and/or a new position.
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You've lost your job.
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You start a family.
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Your children are financially independent
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Property values rising or falling
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Changing interest rates
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When a fixed rate term is over
Why should I refinance?
Better Interest Rate
With lower interest rate you could not only save money but also pay off your home loan sooner. You may lock in a loan with a reduced interest rate by refinancing, which will save you a tonne of money over time.
Debt consolidation
Refinancing allows you to consolidate your credit card debts and other personal loans into one manageable sum at a lower interest rate. You may pay less interest on this debt because it is secured by your home loan.
Re-structure
The features of standard home loans have come a long way. Loan features such as an offset account, redraw facility, and extra repayments along with some varying strategies for managing your money, can help you pay off your loan faster.
Accessing Equity
Your home is a valuable asset that you could bank on in times of need. You can refinance to access the equity in your home and use the funds to invest in real estate, stocks, or other opportunities.