New or used car loan
Rates have never been lower. See what you can save by refinancing your home loan to a lower rate through AA Finance.
Why do you want to refinance?
Pay less each month
A lower interest rate can help reduce your monthly repayments and free up cash flow each month. See how you can pay less on your home loan.
Pay off loan sooner
There are a number of ways you can shave years off your loan and be debt free sooner. Find out how much you could save.
Get cash out
Accessing equity in your home loan can free up cash you could use to do repairs, renovate your home, or buy another property.
Consolidate debt
Combining debts like credit cards, personal loans or car loans into your home loan can reduce the total amount of interest you pay.
Find out more about switching to a better home loan
Why to refinance?
How refinancing can save you money
With home loan rates at a historical low, chances are you could save serious cash by refinancing.
Why should you refinance your home loan?
Refinancing can help you take control of your finances when your life takes an unexpected turn.
Home loan transfer and portability
If you’re moving home, you could have the option to take your home loan with you.
Refinancing alternatives and options
Refinancing not an option for you? There are other ways that can help you save money.
How to refinance?
Home loan refinancing checklist
Wondering what refinancing can involve? Check out our handy checklist.
Refinancing with a mortgage broker
Find out how an AA Finance Broker can help you refinance your home loan.
Home loan refinancing timeline
Refinancing may sound like a hassle, but we’ve made it a simple five-step process.
Refinancing documents and paperwork
Paperwork is key to refinancing. Here’s an idea of what you’ll need.
New Or Used Car Loan
If you’re in the market for a new car, you’ve probably searched online for the best deals and found yourself overwhelmed with choices. Which car loan is right for you? In this article, we’ll explore the different types of car loans available and help you choose the best one for your needs. We’ll also provide tips on how to get the best deal on a car loan, so you can enjoy a hassle-free shopping experience!
Before You Shop At Your Local Car Dealership
It’s important to look at loans before you go to a car dealership. You’ll be able to negotiate better, because you know what your budget is and how much your lender may be willing to lend you.
A few important tips when looking for a loan
- Get the best car loans for your needs – we have a wide range of options to choose from.
- Find the perfect car loan that fits your budget and meets your needs – our team can help you find the perfect loan for you.
- Repayments that are manageable – know exactly how much you will repay each month, and keep track of your payments online.
- A variety of interest rates to choose from: find the best rate for you, based on your credit score, income and tax returns.
Interest Rates For Car Loans
Interest rates for car loans are generally lower than personal loans but higher than home loans, this is because car loans are secured loans and are guaranteed by the car. Until the car loan is fully paid off, the car is still technically owned by the bank. Car loans similar to secured property loans, comes in variable and fixed rates as well.
Fixed Interest Rate
Fixed-rate loans are a great option if you’re looking to purchase or lease a car. The interest rate on these loans is fixed, meaning it doesn’t change over the life of the loan. This can be an advantage if you know exactly how long you plan to keep the car, as the interest rate won’t increase while you’re waiting for it to expire.
Another advantage of fixed-rate loans is that there’s no need to worry about inflation. This means that your monthly payments will always be the same, regardless of how much prices rise over time. If you switch to a variable-rate loan in the future, your payments will likely increase as rates rise over time.
Should you buy add ons?
If you’re thinking of buying car insurance, be warned: car dealerships are likely to try to sell you add-on products that you may not actually need. These products include loan protection, gap cover, and tyre and rim protection. While these products may sound like good value for money, use your own discretion when making an add on purchase.
Speak To Your Broker
If you’re interested in purchasing a car, it’s always a good idea to speak to your finance broker. They can help you understand the different types of loans available and provide advice on how best to use them. Contact us through [email protected] or call 0433 068 970 (Leo).
Why choose AA Finance?
- Award-winning finance broker with years of experience and expertise in lending.
- Knowledgeable staff that will find the right loan for you – no matter what your needs are.
- Competitive rates and options to suit your needs – we have a range of loan products to choose from, all of which we tailor specifically for you.
- Simplified process that is easy to understand – our team understands the importance of making mortgage planning simple and straightforward for you!
Let us help you get started
Give us a call
We have the experience and knowledge to help you through the process, and get you to your goal as soon as possible.
Meet with us
Come talk to us about your loans and circumstances. We can help assess what you need and recommend a plan of action.
Drop us a WhatsApp message
Connect with us through Whatsapp
