Refinancing
Refinancing done right
Switching or restructuring your home loan the plain way. We compare your options across lenders so you can lower your repayments, access your equity, or tidy up your debts, with a clear view of where every dollar goes.
What refinancing is, in plain language
Refinancing means replacing your current home loan with a new one, either with your existing lender or a different one. People do it for three main reasons: to try to lower their interest rate and repayments, to access equity they have built up in their home, or to bring other debts into a single, more manageable loan.
Just like a yearly check-up at the GP, it makes sense to check up on your home loan. Rates move, your circumstances change, and the loan that suited you a few years ago may not be the best fit today. Refinancing suits homeowners who have not reviewed their loan in a while, anyone whose repayments feel higher than they should be, people wanting to fund renovations or an investment using their equity, and those juggling several debts who want a simpler picture.
At Oui Finance we treat your loan like a glass box. Ask questions, look inside, and see exactly where your money goes, down to the last cent. We are independent, so we are not swayed by any one bank, and we compare the options so you stay in control of the choice.
Why homeowners refinance
Lower your repayments
If your rate is higher than what is on offer now, refinancing to a sharper rate could reduce what you pay each month. We compare the numbers so you are not paying more interest than you need to.
Access your equity
If your home has grown in value or you have paid down part of your loan, you may be able to release some of that equity for renovations, an investment property, or other plans.
Consolidate your debts
Bringing other debts into your home loan can simplify your repayments into one place. We will show you plainly whether it leaves you better off overall before you decide.
How Oui Finance helps you refinance
We do the comparing, the paperwork and the plain-English explaining, so you can make a confident call. Here is what you get in your corner.
A real rate review
We compare your current loan against options across a range of lenders, then show you whether a switch actually saves you money once any fees are counted.
Independent advice
We are not tied to the big banks or any single lender, so the recommendation is built around your situation and your goals, not a sales target.
We handle the legwork
From gathering the documents to talking with lenders, we manage the process so refinancing does not eat up your week.
Full transparency
No hidden fees, no jargon. We spell out the costs and the savings so you can see the whole picture before you commit to anything.
Local, WA know-how
Based in Subiaco and working with Perth and WA homeowners, we understand the local market and the schemes that may apply to you.
Plain-English guidance
We explain how loans actually work as we go, so you leave the process a little more financially savvy than you started.
How refinancing works with Oui
Four simple steps, with us alongside you the whole way.
Reach out
Book a complimentary chat and tell us about your current loan and what you want to achieve.
We compare
We review your loan and compare rates and structures across a range of lenders to see what fits.
See your options
We walk you through the numbers plainly, including any switching costs, so you can weigh it up.
Make the move
Happy to proceed? We handle the application and paperwork and keep you updated to settlement.
Refinancing questions, answered
What does refinancing a home loan actually mean?
Refinancing means replacing your current home loan with a new one, either with your existing lender or a different one. People refinance to try to lower their interest rate and repayments, to access equity they have built up, or to consolidate other debts into their home loan. Oui Finance reviews your current loan and compares options across a range of lenders so you can see whether a switch makes sense for you.
How do I know if it is worth refinancing?
It comes down to comparing what your current loan costs you against what is available now, including any fees for switching. Oui Finance treats it like a yearly check-up on your loan: we look at your rate, your repayments, your goals and any exit or setup costs, then show you plainly whether refinancing would leave you better off. Your full financial situation needs to be reviewed before any offer or product is accepted.
Can I access the equity in my home when I refinance?
Often, yes. If your property has grown in value or you have paid down part of your loan, you may be able to release some of that equity when you refinance, for renovations, an investment property or other plans. How much you can access depends on your lender, your property value and your borrowing capacity, so Oui Finance works through the numbers with you first.
What costs are involved in refinancing?
Refinancing can involve discharge fees on your old loan, application or setup fees on the new one, and government charges in some cases. Whether refinancing is worthwhile depends on weighing these costs against the savings. Oui Finance is upfront about the numbers so you can see exactly where your money goes before you decide. Lender credit criteria, terms, conditions, fees and charges apply.
Does Oui Finance charge me to review my loan?
You can book a complimentary chat with Oui Finance to review your home loan and talk through refinancing. We compare rates and options across lenders on your behalf. Reach out to hello@ouifinance.com.au or use the contact page to get started.
Ready to check up on your loan?
Book a complimentary chat and we will review your home loan, compare your options, and show you plainly whether refinancing leaves you better off.
Reach out to Oui FinanceThis page is general information only and does not take your personal circumstances into account. Whether refinancing suits you depends on your full financial situation, which we review before any offer or product is accepted. Lender credit criteria, terms, conditions, fees and charges apply.