A cheaper rate is only worth chasing if the switch actually pays off.
We model the true saving after fees, break costs and cashback. If a refinance stacks up, we execute it. If it does not, we tell you.
Australian Credit Licence 384704. ABN 87 644 317 902. Any advice is general in nature and does not consider your objectives, financial situation or needs. Lender assessment applies. Outcomes vary by circumstance.
Refinance advertising loves a headline rate. Real savings live underneath. eCapital Funding evaluates your existing loan against 40+ Australian lenders, applies your exact balance, remaining term, offset use and future plans, and produces a net position, not a marketing number. Where a switch is genuinely better, we run the entire refinance for you including discharge and settlement coordination.
Why borrowers choose eCapital Funding
True savings modelled
We calculate the interest saved less every cost of switching, then project the break even month.
Cashback intelligence
Cashback offers vary weekly. We track live offers and match them to your file rather than the headline.
Retention negotiation
Sometimes the best move is negotiating your existing lender down. We handle that conversation too.
Who this suits
- Home owners on rates above 6.20% who have not repriced recently
- Borrowers rolling off a fixed rate expiry
- Investors seeking interest only or offset restructuring
- Households consolidating credit cards or personal debt into their mortgage
- Self employed borrowers whose income has improved since their original loan
Our strategy process
- STEP 1
Position audit
Current lender, rate, balance, offset, fees and any fixed portion.
- STEP 2
Lender modelling
3–5 competitive scenarios with true net saving and cashback where applicable.
- STEP 3
Application & discharge
We lodge the new file and manage the discharge with your existing lender.
- STEP 4
Settlement
New loan funds, existing loan is repaid, and the switch is complete.
Frequently asked questions
Is it worth refinancing my home loan in Australia right now?
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It depends on your current rate, remaining term, loan size and any exit costs. A rule of thumb: if a competing lender is offering more than 0.30–0.40% below your current rate on a comparable structure, refinancing usually pays for itself within 12–24 months. We model the true break even before recommending a switch.
How long does refinancing take?
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Typically 3–6 weeks from application to settlement depending on lender turnaround, discharge from your existing lender and valuation. Fast track lenders can complete in 2–3 weeks.
What are the costs to refinance?
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Common costs are a discharge fee from your current lender ($150–$400), a settlement or handling fee at the new lender, and mortgage registration and government fees which vary by state. Fixed rate loans may also incur break costs. We map every cost before you commit.
Can I refinance and cash out equity at the same time?
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Yes. Cash out for renovations, debt consolidation, investment or business use is common. Purpose evidence and lender policy determine the maximum cash out amount, which is often 80% LVR without LMI and up to 90–95% with LMI.
Do you charge a fee to refinance?
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Most residential refinances are paid to eCapital Funding by the new lender on settlement, at no direct cost to you. Complex or specialist refinances that require additional structuring may attract a fee, which is disclosed in writing before you proceed.
Explore related lending
Not sure if your current rate is competitive? Send us your statement and we will tell you honestly.
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