SOLUTIONS / REFINANCE REVIEW
Refinance Review For Professionals
Your current loan may not reflect your current income, profession, equity position or lender options. Simpli Finance helps professionals review their rate, repayments, loan structure and refinance opportunities across 50+ lenders.
Key Takeaway
Refinancing is not just about finding a lower rate. Loan structure, income reassessment, equity access and exit costs all affect whether refinancing makes sense. The right time to review is when your rate, income or equity position has changed.
This Page Is For
✓ Professionals whose fixed rate is ending or has already reverted
✓ Borrowers who want to compare repayments under a different rate or structure
✓ Property owners considering equity release for renovation or investment
✓ Borrowers whose income has grown and who may now qualify for better lender options
✓ Anyone who has not reviewed their home loan in the last 12 months
What To Prepare Before Speaking With Us
✓ Current loan balance and interest rate
✓ Remaining loan term
✓ Whether the loan is fixed or variable — and when any fixed period ends
✓ Estimated current property value
✓ Most recent payslips or tax returns
✓ Any existing investment property loans or liabilities
Related:
Why Professionals Should Review Their Home Loan
Professionals often experience changes in income, role, overtime, bonuses, equity position and borrowing capacity. If your loan was set up years ago, your current lender may no longer be the most suitable option for your circumstances.
A refinance review looks beyond the interest rate. It considers loan structure, repayment type, offset account use, equity position, fixed-rate expiry, debt consolidation, investment plans and whether another lender may assess your income more favourably.
What we check
✓ Current interest rate
✓ Fixed or variable structure
✓ Remaining loan term
✓ Property valuation estimate
✓ HECS and debts
✓ Exit or refinance costs
✓ Monthly repayments
✓ Offset and redraw
✓ Equity position
✓ Income assessment
✓ Potential lender options
✓ Future investment plans
What A Refinance Review Covers
A refinance review is more than comparing rates. We assess your full lending position across 50+ lenders to identify whether better options exist.
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Interest Rate Review
We compare your current rate against available lender options to identify whether better rates may exist for your profile.
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Loan Structure
Principal and interest, interest-only, offset, redraw — we assess whether your current structure still fits your goals.
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Equity Position
How much equity you have built, and whether it can be used for investment, renovation or debt consolidation.
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Repayment Comparison
We estimate what your repayments may look like with alternative lenders and rate options.
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Income Treatment
How your current lender assesses your income — and whether another lender may assess it more accurately.
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Lender Policy Comparison
We compare policies across 50+ lenders — not just the headline rate — to find the best fit for your profile.
Signs You May Benefit From A Refinance Review
✓ Your fixed rate is expiring or has already expired
✓ You have not reviewed your loan in more than 12 months
✓ Your income has increased since your last application
✓ Your equity has grown and you have not accessed it
✓ Your bank has not proactively repriced your loan
✓ You are paying multiple debts at different rates
Which Professionals Benefit Most?
Professionals with overtime income, practice income, trust distributions or complex income structures may find that a new lender assesses their position more accurately than their current one.
Refinance Savings Calculator
Estimate your potential repayment savings
Refinance Options By Profession
Different professions have different income structures, lender policies and refinance considerations. Select your profession to understand what to look for.
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Nurses
Nurses may need lenders that properly assess overtime, shift loading, casual income and HECS impact.
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Doctors
Doctors may benefit from lenders that recognise medical professional policies, higher income pathways and future earning profile.
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Dentists
Dentists may need lenders that understand practice income, business commitments and professional lending policy.
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Lawyers
Lawyers may need lenders that assess bonus income, partnership income and high-income borrowing capacity properly.
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Accountants
Accountants may need lenders that can review PAYG, self-employed, trust or company income correctly.
Common Refinance Scenarios
We help professionals in a range of refinance situations — not just those chasing a lower rate.
✓ Lower rate review
✓ Fixed rate ending
✓ Debt consolidation
✓ Equity release
✓ Investment property deposit
✓ Switching from principal and interest to interest-only
✓ Removing or adding offset
✓ Repricing after income growth
✓ Consolidating multiple loans
✓ Reviewing lender policy after career progression
Use Our Refinance Savings Calculator
Estimate how your repayments may change when comparing your current loan with another rate or structure.
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Refinance Savings Calculator
Estimated repayment comparison only. Results are indicative and do not constitute financial advice.
Free Guide
Download The Refinance Savings Guide
A practical guide for professionals reviewing their current home loan, rate, repayments and lender options.
Related Resources
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Complex Income Lending
Income assessed differently depending on lender policy. Find which lenders suit your income structure.
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Investment Lending
Structure investment lending to protect future borrowing capacity and access equity effectively.
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Refinance Savings Calculator
Estimate how repayments may change when comparing your current loan with another rate.
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Refinance Savings Guide
A practical guide for professionals reviewing their rate, repayments and lender options.
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Refinance Checklist
A checklist of what to review before refinancing your current home loan.
Frequently Asked Questions
How often should professionals review their home loan?
Many borrowers review their home loan every 12 to 24 months, or when their rate changes, fixed period ends, income changes or equity position improves.
Can refinancing reduce my repayments?
It may reduce repayments if a lower rate, longer term or different structure is suitable, but this depends on loan size, fees, lender policy and individual circumstances.
Can I refinance if I have HECS debt?
Yes, but HECS can affect borrowing capacity. Different lenders may assess HECS and income differently.
Can I refinance to release equity?
Some borrowers refinance to access equity for investment, renovation or debt consolidation. This is subject to valuation, lender policy and serviceability.
Does refinancing affect my credit score?
A refinance application usually involves a credit enquiry. The impact depends on your credit profile and application history.
Speak With A Real Broker
Your enquiry is reviewed by the Simpli Finance team so the right broker can guide your next step. We help clients compare lender policy, borrowing capacity, LMI waiver pathways, refinance options and loan structure across a broad lender panel.
KK
Kris Kumar
Director / Co-Founder
Helps professionals, business owners, refinancers and investors review lending strategy and lender options.
PP
Peter Pak
Director / Co-Founder
Helps clients compare home loans, refinancing, business finance and investment lending options.
AJ
Ali Jaber
Mortgage Broker
Helps clients review refinancing options and prepare for lender applications.
Ready To Review Your Current Loan?
Book a refinance review and we’ll compare your current loan against lender options, income treatment, equity position and future lending goals.
General information only. Rates, repayment estimates and lending outcomes vary by lender and are subject to assessment and change.