Home loan health check
A yearly look at a loan that was right once
Nothing is wrong with your loan. That is exactly the problem — it stopped being reviewed the day it settled.
Most loans are not chosen badly. They are chosen well and then left alone for six years while the market moves around them. A health check is a short, free look at what you are actually paying now, what the same debt would cost elsewhere, and whether the difference justifies moving. How do I know whether my home loan is still any good? By comparing what it costs you over a year against what it would cost at other lenders on the same balance, then subtracting what switching costs. If that leaves a number worth having, it is worth moving. If it does not, you have an answer and it cost you nothing.
What the check looks at
What you are paying now
Read from your own statement rather than from memory or from what you were told at settlement. This is the step people skip, and it is the one that changes the answer most often, because loans drift in ways nobody announces.
What the same debt costs elsewhere
On your actual balance and your actual remaining term, across the lenders we can submit to. Not a headline, not an advertised offer for new customers, and not a comparison built on a different loan size than yours.
Whether the structure still fits
Offset or redraw, fixed or variable, one loan or several. What suited you when you had one property and no children may not be what suits you now, and that can matter more than the pricing does.
What it costs and what happens after
It costs you nothing and it takes about twenty minutes of your time, most of which is finding your loan statement. We are paid by the lender when a loan settles, so a review that concludes you should stay where you are earns us nothing — which is precisely why we are willing to say it. You will be told when there is nothing worth doing.
If the check says stay, that is the end of it and we will tell you when it is worth looking again. If it says move, you get the arithmetic behind that: what the gap is worth a year, what the move costs, and how many months until it pays for itself. Nothing happens without you deciding, and nothing is submitted anywhere until you have seen the numbers.
Before you book
Once a year is enough for most people, and after any change that affects your position — a new job, a child, a fixed term ending, or a property revaluing. The fixed-term one is the most commonly missed, because nothing tells you it is coming.
Twenty minutes on the loan you already have
Bring your current loan statement. If the answer is that you are already in the right place, that is what you will be told.
Updated 13 September 2026