Personal 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.
What is a Personal Loan?
A personal loan is a loan specifically for individuals. It’s a short-term, unsecured or secured loan that can be used to cover unexpected expenses or living costs, such as renovation, buying a new car or even going on a holiday. Personal loans are often offered as bank products, but they can also be arranged through online lenders and other financial institutions.
Applying For A Personal Loan
When applying for a personal loan, you’ll need to provide information on your income, such as your PAYG, tax returns and credit check. Once you’ve been approved for the loan, our team will contact you to agree on the terms of repayment and setup.
Interest Rates
The interest rates for personal loans are normally a lot higher than a home loan, as personal loans are generally unsecured. When taking out a personal loan, it’s important to be aware that you’ll likely need to pay the loan back within a set timeframe. While this isn’t always easy, budgeting for repayment and ensuring you have an understanding of the terms of your personal loan will help make the process easier.
However some lenders do provide the option of a secured personal loan. This is done by guaranteeing an asset such as a car or a property, in the event the borrower is unable to fulfill their obligation to pay back their loan, the asset is then sold to recoup the cost for the lender.
If you are interested to find out more about personal loans, or have any questions on this topic do reach out to us at [email protected] or call Leo on 0433 068 970
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
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