Refinancing & Debt Consolidation
Reviewing your home, commercial or SMSF loan? Aqua Money compares lenders and helps you weigh up whether refinancing suits your goals. Perth-based, serving clients across Australia.
What is refinancing?
Refinancing replaces an existing loan with a new one, either with your current lender or a different one. It is often considered to review a rate, access equity, change loan features, or consolidate multiple debts into one.
Whether refinancing benefits you depends on your current loan, your goals and any costs involved. We review your situation, compare lenders, and help you understand the full picture — so you can make an informed decision rather than a rushed one.
What we can help with
Home loan refinancing
Debt consolidation
Accessing equity
Commercial loan refinancing
SMSF loan refinancing
How the process works
Free consultation
We review your current loan, what's prompting the change, and what you're hoping to achieve.
Options and comparison
We compare your current arrangement against options on our panel, weighing benefits against any costs.
Application and approval
If refinancing makes sense, we help prepare the application and guide you through approval.
Settlement and beyond
We manage the switch through to settlement, and stay available as your circumstances change.
Common questions about refinancing
What does refinancing actually mean?
Refinancing means replacing an existing loan with a new one — either with your current lender or a different one. People refinance for a range of reasons, such as reviewing their rate, accessing equity, changing loan features, or consolidating debts.
When is a good time to consider refinancing?
There is no single right time — it depends on your current loan, your goals and what is available. Common triggers include a change in circumstances, the end of a fixed period, or simply wanting to review whether your loan still suits you. We can help you weigh it up.
What is debt consolidation?
Debt consolidation combines multiple debts into a single loan, which can simplify repayments. Whether it benefits you depends on the interest rates, terms and total cost involved, so it is worth reviewing carefully rather than assuming it always saves money.
Are there costs involved in refinancing?
Refinancing can involve costs such as discharge fees, application fees or government charges, which vary by lender and loan. These need to be weighed against any benefit. Part of our role is helping you see the full picture before you decide.
Can you refinance commercial and SMSF loans too?
Yes. As well as residential home loans, we can review refinancing options for commercial and SMSF lending, subject to the relevant lender requirements for each.
Is Aqua Money licensed to arrange refinancing?
Yes. Aqua Money is Australian Credit Representative 575935 of Australian Credit Licence 384704, regulated by ASIC, and works with clients across Australia.
Review your loan
A free consultation, no obligation. Tell us about your current loan and we'll help you weigh up whether refinancing makes sense.
The information on this page is general in nature and does not take into account your objectives, financial situation or needs. It is not financial product advice. Aqua Money — ABN 32 693 892 134 — Australian Credit Representative 575935 of Australian Credit Licence 384704.
Could you be paying less?
Compare your current loan against today's indicative market rate.
LVR 65% — good equity position
Potential monthly saving
$209
≈ $62,569 over 25 years
Your top 3 lender matches
privateRanked to your circumstances. Specific lenders and rates are revealed when we speak.
Match 1
Sharpest rate
Lowest ongoing rate for your profile
Match 2
Most flexible
Offset, redraw, extra repayments
Match 3
Easier approval
More forgiving serviceability
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Six quick questions — no credit check, no impact on your score.
1 · Current rate type
2 · Equity in property
3 · Employment
4 · Credit since last loan
5 · Main goal
6 · Last reviewed
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Indicative only — not a quote, credit assistance, or a recommendation, and not a pre-approval or credit decision. Savings shown are before switching costs, discharge fees and any fixed-rate break costs, which may reduce or remove the benefit. Comparison rate is calculated on a $150,000 loan over 25 years and assumes an upfront fee of $600 and an annual fee of $395; it is true only for that example and different amounts or terms will produce different comparison rates. The actual rate available to you depends on your circumstances and the lender. Indicative rates are derived from the published RBA cash rate and are updated daily.