Benefits of refinancing

If you're planning on moving house, renovating or perhaps looking for a different home loan option, refinancing offers a number of benefits. With a range of refinancing options available, find out why switching to the Commonwealth Bank can help you save and how we can help you effectively build and use your equity.

Switch and save

If you're looking for a better deal on your mortgage, switch to the Commonwealth Bank and you could save. We'll take the time to understand your needs and give you the opportunity to save with a better deal, plus you'll enjoy the convenience of mobile lenders who will come to you and the confidence to shop with 6 month loan pre-approval. Everything you'd expect from Australia's leading home lender.

Your refinancing options

Before you make any decisions about refinancing your home loan, it's a good idea to take a close look at your current situation so you can find a solution that best suits your needs. 

That's why we offer a free, no obligation Home Loan Health Check where you can chat to one of our experts and discuss your home loan options in detail, based on your current and expected future needs.

Building and using your equity

Building equity in you home, which is the difference between the market value of your property and the amount you owe on your loan, opens up new opportunities for you. 

Whether you'd like to renovate your home, make investments or enhance your lifestyle, we can show you how to effectively build and then use your equity to achieve your goals.

More info

More info

More info

• Important information
  Applications for finance are subject to the Bank’s normal credit approval including a valuation if applicable. Full terms and conditions are included in the Loan Offer. Fees and charges are payable.