Switch & Sale
DISCOVER HUGE SAVINGS - UP TO $39,000* - WHEN YOU SWITCH YOUR BIG BANK HOME LOAN
AUSTRALIA'S BIGGEST HOME LOAN SALE
- Reduced Rates
- Exclusive deals
- Waived fees
- 40 hours only!
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Top Products
Promoted
Home Value Loan (Owner Occupied, Principal & Interest)
5.99%
p.a
Variable
5.99%
p.a
Promoted
Discount Variable
6.04%
p.a
Variable
6.06%
p.a
Promoted
Variable Rate Home Loan – Refinance Only
Gold Award Winner 2023
special
Receive an extra 0.01% p.a. discount every year, up to a maximum discount of 0.30% p.a.5.74%
p.a
Variable
5.65%
p.a
Popular Home Loans
Interest Rate
Comparison Rate*
Repayment
6.09%
p.a
Variable
6.48%
p.a
$3,027
monthly
special
Receive an extra 0.01% p.a. discount every year, up to a maximum discount of 0.30% p.a.Winner of Best New Lender Home Loan, Best Refinance Home Loan, RateCity Gold Awards 2023
Interest Rate
Comparison Rate*
Repayment
5.74%
p.a
Variable
5.65%
p.a
$2,915
monthly
Interest Rate
Comparison Rate*
Repayment
6.09%
p.a
Variable
6.24%
p.a
$3,027
monthly
Interest Rate
Comparison Rate*
Repayment
5.97%
p.a
Variable
6.12%
p.a
$2,988
monthly
special
Receive an extra 0.01% p.a. discount every year, up to a maximum discount of 0.30% p.a.Interest Rate
Comparison Rate*
Repayment
6.04%
p.a
Variable
5.95%
p.a
$3,011
monthly
special
Get $10 when you join Up. Download the app, sign up easily in 3 minutes and use the code: UPHOMERC. T&Cs apply.Interest Rate
Comparison Rate*
Repayment
6.15%
p.a
Variable
6.15%
p.a
$3,046
monthly
special
Refinance before 31st December 2023 to enter the draw for a chance to win $50,000 off your mortgage. T&Cs apply. ~ Ends in 20 daysInterest Rate
Comparison Rate*
Repayment
5.99%
p.a
Variable
6.03%
p.a
$2,995
monthly
Interest Rate
Comparison Rate*
Repayment
6.29%
p.a
Variable
6.30%
p.a
$3,092
monthly
special
Get $10 when you join Up. Download the app, sign up easily in 3 minutes and use the code: UPHOMERC. T&Cs apply.Interest Rate
Comparison Rate*
Repayment
6.45%
p.a
Fixed - 2 years
6.21%
p.a
$3,144
monthly
Cashback
Receive $2000 in cashback when you refinance (min. loan amount $250K, LVR < 80%). T&Cs apply.Interest Rate
Comparison Rate*
Repayment
6.59%
p.a
Variable
6.60%
p.a
$3,190
monthly
Cashback
Receive $2000 in cashback when you refinance (min. loan amount $200K, LVR < 80%). T&Cs apply.Interest Rate
Comparison Rate*
Repayment
6.59%
p.a
Variable
6.60%
p.a
$3,190
monthly
Interest Rate
Comparison Rate*
Repayment
7.24%
p.a
Variable
7.24%
p.a
$3,407
monthly
Interest Rate
Comparison Rate*
Repayment
6.59%
p.a
Fixed - 2 years
7.27%
p.a
$3,190
monthly
Interest Rate
Comparison Rate*
Repayment
6.89%
p.a
Fixed - 2 years
7.33%
p.a
$2,871
monthly
SUCCESS STORIES
Owner occupiers Truganina, VIC
"When we first moved to Australia, we joined ANZ, so naturally we got a mortgage with them too. But we weren’t happy with their rising rates so I did some research and swapped to Reduce. They were very kind and helpful, and now we’re saving almost $400 a month!"
Owner occupiers Roweville, VIC
"We had been on a Westpac mortgage for 10 years when they sent us letters saying they were raising rates. We spoke to ING and they quickly got the ball rolling. I’m self-employed and even for me it was a straightforward process. Now we’re saving over $2,500 a year."
Owner Occupier & Investor Southport, QLD
"I’d been with CBA since I was a kid. One day I found a lower rate with Reduce Home Loans on a comparison site and made the switch. Reduce made it easy and straightforward, and now I’m saving almost $5,000 each year on my home and investment property."
WHAT IS THE SWITCH AND SAVE SALE?
While Australian borrowers have a variety of financial comparison websites to choose from, such as Mozo, Infochoice, and Finder, Australia’s biggest home loan sale was hosted by RateCity in May 2017.
One of the first events of its kind in Australia, the RateCity Switch & Save home loan sale saw many Australians refinance from their current mortgage provider to a new lender and potentially save thousands on their home loan.
The second RateCity Switch & Save Sale is coming soon in 2018 – to make sure you don’t miss out on exclusive home loan savings, sign up for RateCity emails. Not only will you be one of the first to know when the 2018 home loan sale is announced, but you’ll also receive regular news and updates on other special financial offers.
Before you refinance, you’ll want to have the following information handy:
• Amount owing on your existing mortgage
• Current interest rate
• Approximate value of your property
• Proof of your current income
• Details of any other loans or investments
• Personal details (proof of identity, address, residency etc.)
Some lenders may require different paperwork. The more information you can provide, the more accurately a lender should be able to assess your application to refinance.
If you’d rather wait until Australia’s biggest home loan sale kicks off again, then sign up for our email alerts to be the first to know when it kicks off.