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Refinance your home loan and save

Here are some great tips to refinance your home loan and save:

  • Negotiate a better rate.
  • To prevent paying additional interest, pay all home loan fees and charges in advance and don't add them onto your mortgage.
  • Pay fortnightly instead of monthly.
  • Shop around.
  • Ignore the honeymoon period. Pay the post honeymoon rate by making extra contributions.
  • Make extra contributions. As little as a one off $2000 payment can save you thousands off the life of the loan.