Lower your mortgage rate.
Refinancing your home loan with Brokerly means comparing your current rate against 70+ Australian lenders fully online, with no credit hit*. Most refinances complete within 4–6 weeks and unlock a sharper rate, cashback offer, or better loan structure.
Benefits of our 70+ lender panel
Six ways refinancing pays you back.
| Benefit |
|---|
Sharper interest rate We compare your current rate against 70+ lenders and surface the cheapest comparable product on the market. |
Cashback offers Many lenders on our panel offer $2,000–$4,000 refinance cashbacks. We'll show you which apply to your situation. |
Restructure your loan Switch to offset, redraw, split or fixed/variable structures that better fit how you actually use your money. |
Consolidate debt Roll high-interest credit card and personal debt into your mortgage at home loan rates — when it makes financial sense. |
Access equity Tap built-up equity for renovations, an investment property deposit, or a major purchase. |
Drop LMI If your loan-to-value ratio is now below 80%, we can refinance you out of Lenders Mortgage Insurance premiums. |
Refinancing FAQ
Refinancing questions, answered.
How much can I save by refinancing my mortgage?
Savings depend on your current rate, loan size and remaining term. A 0.50% rate reduction on a $600,000 loan over 25 years saves roughly $180/month — about $54,000 over the life of the loan. Brokerly models exact savings for your specific loan during the free initial review.
How long does refinancing take with Brokerly?
Most refinances complete within 4–6 weeks. The Brokerly Strategy Call takes around 15 minutes and the rest is electronic — discharge requests, document signing and settlement are all managed online.
Will refinancing hurt my credit score?
Comparing lenders with Brokerly does not affect your credit — we only run a hard credit check once you formally proceed with a chosen lender. A single new home loan enquiry typically has minimal impact on your credit file.
Are there fees to refinance?
Your existing lender may charge a discharge fee (usually $100–$500) and your new lender may charge upfront fees. Many lenders waive these or offer cashbacks that more than cover them — Brokerly will model the full net cost upfront.
See what you could save.
Free, no-obligation refinance review. 70+ lenders compared in minutes — no credit hit.
Australian Credit Licence ACL 391237 · 100% paperless · Available 24/7
* Initial assessments use a soft-pull inquiry that does not affect your credit score. A formal credit inquiry (hard pull) will be required only upon submission of a formal loan application to a lender.