My Mortgage butler
Refinancing home loans
Refinancing your home loan can unlock better interest rates, reduce your monthly payments, or access additional funds. Our team at My Mortgage Butler is here to help you explore your options and find the best solution to fit your financial goals and current situation.
It’s cost and obligation-free
Access to 35+ lenders to get you your most suitable loan
Mortgage Refinancing
Many people start a mortgage and don’t consider refinancing, missing out on potential savings and benefits in the long run. Even if you have chosen the best home loan, the financial landscape changes quickly, and the most suitable loan for you now may not be the best option in 12 months or two years.
That’s where we assist. We compare and assess your home loan against the market to determine if a more suitable option is available. If we find a better choice for you, we will inform you and assist you in taking the necessary steps to refinance your home.
Why you should consider mortgage refinancing
Access better interest rates
Switching to a new home loan can save you on interest, meaning you’ll pay less for your house overall and build home equity at a quicker rate.
Access Home Equity
Access to your home’s equity is defined as the difference between your property’s market value and the balance of your mortgage. Typically, people use this money for home renovations or maintenance to increase its long-term value.
More flexibility in your home loan
Switching loan types to one with reduced interest rates, improved benefits, and reduced fees can have great benefits. If you are considering refinancing, it’s worth getting advice from a broker to see if you will save money by switching home loans or if it would be beneficial to remain with your current one.
Pay off your loan faster
Why Choose My Mortgage Butler?
Genuine advice
We always work in your best interest, not the lenders. With our guidance, you can trust that you are getting the best advice to secure the right home loan tailored to your financial situation, goals, and requirements.
We check in with you annually
Get support from a mortgage broker who checks in with you. The most suitable loan for you today might not be the same in two years, which is why we often recommend refinancing. We'll keep in touch to make sure you're supported with the right advice.
You'll always know where your home loan is at
We don't leave you in the dark. Our team will provide regular updates as we progress through the research, application, and approval stages of refinancing your property. You're always welcome to ask us a question at any stage of your home loan journey.
Spend less time on paperwork & more time scrolling real estate listings
Trying to navigate the endless amount of loans you can switch to can be overwhelming and time-consuming, especially if you don’t know what you are looking for. We'll take care of all the behind-the-scenes admins with professionalism and expertise so you can rest assured you are making the best choice.
We're rated 5 stars from 40+ Google Reviews.
A mortgage broker like terence really cares
Terence and the team have been incredibly helpful saving me thousands off my home loan. Banks do not care about you but a mortgage broker like terence really cares about all his customers and best interests for you! All banks want are profits but Terence found the best deal possible and how to save as much interest to pay off our home quicker! If it weren’t for his knowledge we would be screwed. He structured all our loans and investments the best way!
From "can we afford a house" through to now living in our own home.
Rhys took us from "can we afford a house" through to now living in our own home. He was kind, respectful and understanding and is continuously following up with our many questions. Highly recommended.
A great help
Rhys from My Mortgage Butler has been a great help in getting me a home loan in a very short period of time. Rhys guided me all the way till the end and even after handover. If you need a home loan, My Mortgage Butler and team are the peolple u need to contact ❤️
Always available for any questions
Rhys has been very helpful and supported me through the process of buying my first home. He was always available for any questions and stepped me through the process. Thank you so much for all your help Rhys! I would highly recommend My Mortgage Butler!!
My Mortgage Butler — Case Studies
Financial Breakdown
Existing Loan
- Existing loan amount: $430,191
Interest rate: 6.71%
Repayment type: Principal & Interest
Monthly repayments: $2,835
Loan term: 28 years 6 months
New Loan – Lender B
- New loan amount: $431,200 (includes refinance costs)
Interest rate: 6.00%
Repayment type: Principal & Interest
New monthly repayment: $2,667
Loan term: 28 years 6 months
Results
- Same loan term with a different lender
Lower interest rate
Increased savings they can use towards better things
Financial breakdown
Existing Loans - Lender A
- Loan 1:
- Existing loan amount: $384,000
Interest rate: 8.14%
Repayment type: Interest only
Monthly repayments: $2,604.80
Loan term: 25 years 2 months
- Existing loan amount: $87,905
Interest rate: 6.84%
Repayment type: Principle & interest
Monthly repayments: $611
Loan term: 25 years 2 months
- New loan amount: $522,000 (includes refinance costs and cashout)
Interest rate: 6.09%
Repayment type: Principle & interest
Monthly repayments: $3,421
Loan term: 25 years 2 months
- Long-term savings: Over $100,000 in interest costs over the life of the loan
Access to cash: $50,000 for renovations
Monthly increase in repayments: $205
Ready to take the next step in refinancing your home? Book a consultation with our mortgage experts today, and let's start finding the right home loan for you.
It’s cost and obligation-free