With interest rates shifting and cost-of-living pressures continuing, many Australians are asking the same question in 2025: “Should I refinance my home loan?”
The short answer? Yes — if you haven’t reviewed your loan in the past 12–24 months, you could be leaving serious savings on the table.
At Gardian Finance, we regularly help Mackay locals unlock savings through refinancing. Let’s break down what refinancing looks like in 2025 — and how much you could really save.
💰 What Is Refinancing?
Refinancing is simply the process of switching your home loan to a new lender (or negotiating a better deal with your current one). The goal is to:
Secure a lower interest rate
Reduce your monthly repayments
Access better loan features (like offset accounts)
Consolidate other debts into one manageable loan
📉 How Much Can You Save in 2025?
1. Monthly Repayments
Even a small rate cut can mean big monthly savings. For example:
A $500,000 loan dropping from 6.5% to 5.9% could save you $180+ per month.
Over 3 years, that’s more than $6,500 back in your pocket.
2. Total Interest Paid
Over the life of your loan, shaving even 0.5% off your rate could reduce total interest costs by tens of thousands of dollars.
3. Extra Benefits
Some lenders offer cashback deals (up to $2,000–$4,000) for refinancing in 2025. While it shouldn’t be the only reason to switch, it’s a nice bonus if the loan terms also suit your needs.
🏠 Is Refinancing Always Worth It?
Not always. While refinancing can deliver big savings, it’s important to weigh up:
Exit fees or break costs (if you’re on a fixed rate)
Application or settlement fees with the new lender
Your future plans (are you upgrading, downsizing, or staying put?)
💡 That’s where a broker like Gardian Finance can help — we crunch the numbers to see if refinancing stacks up for you.
✅ Why 2025 Is a Good Time to Reassess
Rates may ease slightly this year, but banks are competing harder than ever for new customers.
Many homeowners are still rolling off ultra-low fixed rates, and refinancing could soften the blow of higher repayments.
With Mackay’s property market remaining strong, rising equity could help you secure sharper deals.
👨👩👧 How Gardian Finance Can Help
When you refinance with us, we:
Compare loans from over 35 lenders
Identify the lowest rates and best features for your situation
Handle all the paperwork so it’s stress-free
Make sure the savings outweigh any costs
🔑 The Bottom Line
In 2025, refinancing could mean saving thousands, improving cash flow, and getting a loan that truly works for your lifestyle. Don’t leave money on the table — find out what you could save today.
📞 Call us on
(07) 4953 2799🌐 Visit
www.gardian.com.au📍 See us at
73 Wood St, Mackay
