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Refinance Home Loans

  • Are you paying too much on your mortgage? Refinancing to a low rate home loan could save you thousands of dollars. At Mozo, we compare hundreds of home loan deals to help you find your ideal refinance match.

  • Do I really need to refinance?

    Think of it this way: you might have a home loan for 25 or 30 years, but during that time, your financial situation will change a lot. So why wouldn’t your home loan needs change too?

  • Getting stuck with a dodgy mortgage can cost you big time in the long run, so it’s important to review your set up often. If you’re paying more than you have to on your home loan, then refinancing to a better deal should absolutely be a top priority.

  • When is the right time to refinance my home loan?

    There’s no deadline for refinancing, but there are a few signs that will let you know when it’s about time to review your situation.

  • If you’ve had a couple of rate rises since signing onto your current mortgage, or if you’ve had a look at our comparison table below and noticed that your rate is much higher, that’s a good indication it might be time for a change.

  • Can I apply to refinance my home loan online?

    Yes! And you can do it right here. First of all, look through our comparison table to find the best refinancing home loan for you. When you’ve picked one out, just click the blue ‘go to site’ button to go through to the lender’s website, where you can get more detail on the offer and begin your application.

Refinance home loan comparisons on Mozo - rates updated daily

years
  • The Online Home Loan

    LVR<70%, Owner Occupier

    • Upfront Rates Tailored to you
    • No ongoing fees
    • Easy online application

    variable
    rate

    3.64% p.a.

    comparison
    rate*

    3.64% p.a.

    upfront
    fees

    $363

    initial monthly
    repayment**

  • Bonus $1,000 into a USaver account

    UHomeLoan - Discount Offer

    Owner Occupier, Principal & Interest

    • $0 application fee for variable rate, $0 ongoing fees, $0 annual fees
    • Get $1,000 cash into a USaver account on any loan (new or refinance) over $200k. (T&Cs apply).
    • 20% minimum deposit required

    variable
    rate

    3.69% p.a.

    comparison
    rate*

    3.69% p.a.

    upfront
    fees

    $0

    initial monthly
    repayment**

  • MOZO EXPERTS CHOICE 2017

    Discounted Variable Home Loan Premium Plus Package

    Owner Occupier, Principal & Interest

    • Interest rate of 3.64% p.a. variable & a comparison rate* of 4.03% p.a.
    • Owner Occupier, Principal & Interest
    • Experts Choice - Australia's Best Customer-Owned Banking & Home Lender of the Year 2018

    variable
    rate

    3.64% p.a.

    comparison
    rate*

    4.03% p.a.

    upfront
    fees

    $0

    initial monthly
    repayment**

  • MOZO EXPERTS CHOICE 2017

    Essentials Variable 80

    Investment, Principal & Interest

    • Low interest rate
    • No monthly fees, Redraw available
    • For purchases or refinance

    variable
    rate

    4.29% p.a.

    comparison
    rate*

    4.31% p.a.

    upfront
    fees

    $520

    initial monthly
    repayment**

  • Premier Standard Variable Home Loan Premier

    Owner Occupier, Principal & Interest

    • A competitive variable rate of 3.69%* (comparison rate 3.70%)
    • 100% offset account
    • Unlimited overpayments and free redraws

    variable
    rate

    3.69% p.a.

    comparison
    rate*

    3.70% p.a.

    upfront
    fees

    $450

    initial monthly
    repayment**

  • Basic Home Loan

    Owner Occupier, LVR<80%, Principal and Interest

    • Variable rate only
    • No fees to redraw
    • Meet a mobile banker at a time or place that suits you

    variable
    rate

    4.09% p.a.

    comparison
    rate*

    4.11% p.a.

    upfront
    fees

    $400

    initial monthly
    repayment**

  • Base Variable Rate Home Loan Special Offer

    Owner Occupier, Principal & Interest

    • Low ongoing rate
    • No annual or monthly fees
    • Free extra repayments and redraw facility

    variable
    rate

    3.69% p.a.

    comparison
    rate*

    3.73% p.a.

    upfront
    fees

    $600

    initial monthly
    repayment**

  • Basic Home Loan Special

    LVR<80%, Owner Occupier

    • Special rate of 3.66% p.a. comparison rate applies to a maximum LVR of 80%
    • Redraw available. Flexible repayments
    • Loan repayment pause for eco-upgrades to your home or maternity leave

    variable
    rate

    3.65% p.a.

    comparison
    rate*

    3.66% p.a.

    upfront
    fees

    $0

    initial monthly
    repayment**

  • Low Rate Home Loan with Offset

    LVR<80%, Owner Occupier, Principal & Interest

    • $0 Application Fee, Free Redraws, Extra Repayments
    • P&I or Interest Only Up to 5yrs
    • Free 100% Offset Account

    variable
    rate

    3.64% p.a.

    comparison
    rate*

    3.67% p.a.

    upfront
    fees

    $286

    initial monthly
    repayment**

  • SMARTeloan

    Owner Occupied, Principal & Interest, LVR<80%

    • Redraw Facility
    • Purchase or Refinance
    • No Commissions

    variable
    rate

    3.39% p.a.

    comparison
    rate*

    3.74% p.a.

    upfront
    fees

    $1,499

    initial monthly
    repayment**

  • Essentials Home Loan Special Offer

    LVR<90%, Owner Occupier, Principal & Interest

    • Experts Choice Winner - Best Value Full Feature Home Loan
    • 100% offset account
    • No monthly, annual or establishment fees

    variable
    rate

    3.97% p.a.

    comparison
    rate*

    3.97% p.a.

    upfront
    fees

    $0

    initial monthly
    repayment**

  • MOZO EXPERTS CHOICE 2017

    Discount Great Rate Home Loan

    Owner Occupier, LVR<90%, over $150k

    • Free internet redraw facility
    • No ongoing fee. No establishment fee.
    • NSW, QLD, ACT customers only

    variable
    rate

    3.74% p.a.

    comparison
    rate*

    3.74% p.a.

    upfront
    fees

    $0

    initial monthly
    repayment**

  • OMG Home Loan

    Owner Occupier, Principal & Interest

    • Easy online application
    • Choose Principal and Interest or Interest Only options for your bcu OMG loan
    • With redraw facility available and easy pre-approval valid for 3 months, we will make it happen. Apply online now

    variable
    rate

    3.79% p.a.

    comparison
    rate*

    3.83% p.a.

    upfront
    fees

    $600

    initial monthly
    repayment**

  • Basic Variable Rate Home Loan

    Owner Occupier

    • No annual or monthly fees
    • Flexible repayment options
    • Redraw facilities

    variable
    rate

    3.77% p.a.

    comparison
    rate*

    3.81% p.a.

    upfront
    fees

    $695

    initial monthly
    repayment**

  • Discounted Classic Home Loan

    LVR<80%, Owner Occupier

    • Free online redraw
    • No penalty for extra repayments
    • No monthly fees

    variable
    rate

    3.84% p.a.

    comparison
    rate*

    3.86% p.a.

    upfront
    fees

    $200

    initial monthly
    repayment**

  • Tailored Home Loan Choice Package

    Owner Occupier, Principal & Interest

    • $0 application fee
    • Free extra repayments
    • 100% offset account

    variable
    rate

    4.39% p.a.

    comparison
    rate*

    4.78% p.a.

    upfront
    fees

    $0

    initial monthly
    repayment**

Want more? Compare all 503 home loans in the Mozo comparison engine.

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*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

**Initial monthly repayment figures are estimates only, based on the advertised rate, loan amount and term entered. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

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