Mortgage Health Check
Why should I do a health check on my home loan?
Mortgage repayments usually represent most people’s single largest monthly expense, so it makes good sense to be concerned about the interest rate and fees you are paying. Or have you just sit with your loan for years without checking that it is still competitive?
Banks are constantly enhancing their product ranges. Many times there is a cheaper or more efficient product provided by the same lender. That means there is no need to refinance, just restructure within the same lender and save!
Sometimes it makes sense to refinance a loan to a new lender. But you have to take into account all the costs associated with a refinance and make sure that it makes financial sense to refinance the loan. It's quite complicated if you are not an expert.
Whether you are looking to:
- make sure that your current home loan is the one that best suits you,
- reduce your payments,
- unlock the equity in your home or
- consolidate some debts,
a Mortgage Health Check is a good place to start.
How can Rate Detective help you?
By providing us with a few simple details about your current home loan we can then get to work on your Mortgage Health Check. Mortgage Health Check is free of charge and involves a comprehensive analysis of your current home loan, by one of our mortgage brokers. We'll compare home loans across a range of alternative mortgage products.
How does it work?
All you have to do is spend a few minutes filling in the form below and then we will:
- Compare your loan with home loans available from over 30 banks and lenders.
- Provide you with a report on the best options available, including information on interest rates, fees, monthly repayments, loan structures, terms and conditions of the loan as well as additional features.
- In case of savings (most likely), assist you with transferring your loan so it is as easy and hassle free as possible.
It takes only a minute to fill the form, but that saves hours of searching and comparing and thousands of dollars if you have an "unhealthy" mortgage.
You can rest assured that your information will be kept private. Rate Detective will never share or on-sell your personal data.
For more details please see our Term & Conditions.
How Life Insurance Quotes Work in Australia?
There are 3 ways to get accurate life insurance quotes in Australia:
- Call or submit your details to each insurance company you want life insurance quotes from. When comparing the prices you have to be sure you provided exactly the same details to each of them. Otherwise you are comparing apples and oranges. This is why direct insurance companies trying to lure you into calling them with advertisements such as "life insurance cover from $0.21 a day" or "life insurance from $1.55 per week" - it's only basic cover that doesn't meet your needs. Instant online quote is not possible with this option and you need to provide your phone and your email.
- Submit your details to life insurance lead generation websites, which in turn pass your details to insurance companies they have agreement with. Once again instant quote is not possible with this option and some leads generation websites will try to get your details by implying otherwise. In this case your details are shared between lead generation website and insurance companies.
How to spot lead generation website? Check for the Australian Financial Services License (AFSL) number - each company providing life insurance advice must show AFSL number on their website. And if there is no AFSL number on the website - most likely it's a lead generation website and you can find who they are working with (and sending your details to) in the footer or "About Us" section. - And finally you can submit your details to Rate Detective. That way you get life insurance quotes from all major insurance companies with one submission, your details are safe and not passed to third parties and you are looked after by authorised insurance adviser! For FREE!
It's your choice, just bear in mind - you can't get accurate life insurance quotes without talking with someone on the phone in this industry.
Ready for an accurate life insurance quotes from TOP-12 life insurance companies in Australia?
Please submit Life Insurance Quotes Form or call us on 1300 793 143.
