Finance · Refinance
Refinancing that earns more than it costs
Rate, structure, cash-out and the true break-even — including the fees nobody mentions until settlement.
as at 15 November 2026
General information only and not credit assistance. Estimates are not an offer, quote or approval. Lending is subject to lender approval, terms, fees and charges. Next Step Financing Pty Ltd (ABN 77 680 857 416, Australian Credit Licence 384704, Credit Representative 563367).
Part of the IR Property Group one-roof team
Separate businesses. One roof. One plan.
Who it suits
Borrowers on a rate that no longer reflects their loan-to-value, borrowers whose fixed term is ending, and borrowers who need to restructure debt — consolidate, split, or release equity for a planned purpose.
A refinance is worth doing when the saving exceeds the cost within a reasonable period. Discharge fees, application fees and any fixed-rate break cost all count, and break costs can be substantial.
The break-even test
- Annual interest saved
- Total switching cost, including break fees
- Months to recover the cost
- Value of any structural improvement
How it works
- 01
Review
Current rate, loan features, remaining term and the exit costs on the existing loan.
- 02
Compare
Like-for-like across the panel, including fees and the comparison rate, not just the headline rate.
- 03
Apply
Documents submitted once, valuation ordered, and any cash-out purpose documented.
- 04
Settle
Discharge and settlement coordinated on the same day, with the old facility closed.
Documents needed
- Current loan statements
- Recent payslips or financials
- Rates notice or property valuation estimate
- Credit card and personal loan limits
- Details of any cash-out purpose
Common mistakes
- Comparing rates without comparing fees and features
- Refinancing a fixed loan without checking the break cost
- Consolidating short-term debt into a 30-year loan without a repayment plan
- Releasing equity without checking the impact on future borrowing
as at 15 November 2026
General information only and not credit assistance. Estimates are not an offer, quote or approval. Lending is subject to lender approval, terms, fees and charges. Next Step Financing Pty Ltd (ABN 77 680 857 416, Australian Credit Licence 384704, Credit Representative 563367).
How a referral between businesses works
When the right next step sits with another business in the group, we ask you first. You decide whether the introduction happens.
- Client consent first — nothing about you is shared with another business without your agreement.
- Each business advises only within its own licence. IR Property does not give tax or credit advice, GBS advises on tax and accounting only, and Next Step Financing provides credit assistance only.
- Any referral fee, commission or benefit paid between businesses in the group is disclosed to you before you engage.
Common questions
Start with a conversation
One free consultation. Three services. No obligation.
Tell us what you're trying to do and we'll tell you plainly whether property, accounting, finance — or all three — is the right starting point.
Property notes, once a month
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