1. What’s my goal?
Are you looking to lower repayments, access equity, consolidate debt, or switch lenders? Knowing your “why” helps shape the right loan structure.
2. What are the real costs?
Refinancing isn’t free. Ask about exit fees, new lender setup costs, valuation charges, and any break fees on fixed loans.
3. Will this improve my cash flow?
A lower rate doesn’t always mean better cash flow. Consider repayment frequency, loan term, and whether features like offset accounts are included.
4. Is the new loan more flexible?
Can you make extra repayments? Is there a redraw facility? Will it adapt if your income changes or you want to invest later?
5. Am I comparing apples with apples?
Don’t just compare rates—compare loan structure, fees, features, and long-term impact. A slightly higher rate with better flexibility might save you more over time.
Molomo Makes It Simple
At Molomo, we help you ask the right questions—and get the right answers. Whether you’re refinancing a home loan, car finance, or investment property, we tailor solutions that fit your life, not just your paperwork.
Thinking about refinancing?
Let’s chat before you commit—your future self will thank you.
Contact with Molomo at 0421977892
