Why refinance with CommBank?

Whether you already have a home loan with us or want to switch from another bank, we can help you refinance

What you get:

  • Enjoy special discounts on both your home loan and credit card with our Wealth Package.
  • Get an interest rate tailored for you – giving you a great deal to suit your individual needs.
  • CommBank My Property gives you the flexibility to access, track and manage your home loan and property performance in NetBank and in the CommBank app.
  • Make confident decisions with specialists who partner with you at every step of your home buying journey and for the life of your loan.
  • Complimentary protection for eligible Owner Occupied home loans through Home Loan Compassionate Care for when you need it most.

$2,000 cashback when you switch your home loan to us

For refinancers who apply before 3 August 2020 and have their loan funded by 9 October 2020. Minimum refinance amount $250,000. This offer is not available for Bridging Loans. (Owner Occupied Interest Only customers who fund on or from Tuesday 7 April 2020 are eligible for the cashback)

Discover our cashback offer

Family enjoying loan refinance cashback

Getting started 

Should you refinance?

Before you make any decisions, it’s important to weigh up your options to understand if refinancing is the right one for you. 

Is refinancing right for you?

How it works

If you think refinancing is right for you, here are the steps you should follow. 

How to refinance your loan

Book a time with a Home Lending Specialist

Book now

Choosing a new loan

Compare our home loans

See what home loans we have and what works best for you. 

Compare loans

3 ways to pay off your loan faster

Small changes can make a big difference to how long it takes to pay off your loan.

Pay off your loan faster

How much can I borrow?

Get an estimate of how much you may be able to borrow. 

Use our borrowing calculator