Huge Interest Savings

Nick, a panel beater and his wife Lisa were expecting their first baby. With Lisa on maternity leave they were struggling to make the repayments on all their loans. They were concerned they weren't going to be able to afford to keep up the repayments when the baby came along.

”We had a home loan and loans on two investment properties,” Nick said. “Because the loans weren’t structured properly and with Lisa given up work the interest was just getting too much for us to pay. We were worried we’d be forced to sell one of the properties we had worked so hard to buy. We managed to refinance our loans to a better interest rate and structure. This reduce our repayments by over $760 each month!! We are ecstatic with our savings and now have the peace of mind that we can easily afford our repayments even with our little one on the way.”