REFINANCE AND SAVE

Leaving your old lender?

It’s not you…it’s them.

Don’t worry, Well is here to make sure it’s not a messy break up and you you stay in full control.  Our award winning mortgages have the kind of features you’d expect from a bank, with the super low rates from an online lender and the personal support you’d expect from a family run company.

Lowest rates start from:

2.17%

interest rate p.a.

2.20%

comparison rate p.a.*

Apply now

So you've decided you can do better

And so you should!  A lot of people don’t review their home loans and can get stuck.  A home loan that seemed great when you first started, can become not so great as your circumstances change.  We get that life happens and everyone should be checking out whether a new home loan could be right for them.  With a Well Home Loan, not only do we have great features, but we’ve also got super-low rates that could save you thousands!

Rates worth talking about

We don’t wait to reward you with lower rates. Our super low interest rates save you from day 1!

No gimmicks, no pro-packs stuffed with features you don’t want but need to take, no unfair loyalty systems.  Just great features, at a great rate.

VARIABLE – P&I “Live in owner-occ”

Owner occupied rates from:

2.17%

interest rate p.a.

2.20%

comparison rate p.a.

Designed to help you own your home sooner.

Owner occupier rates
FIXED – P&I “Investor”

Investment rates from:

2.39%

interest rate p.a.

2.78%

comparison rate p.a.

Keep more rental revenue in your own pocket.

Investor rates

Things to consider when refinancing

Now that you’re considering a change, Well might be the better option. Changing your home loan provider is often seen as a difficult and time consuming process. It doesn’t have to be and it can be well worth your while to review this every couple of years to make sure you’re getting a good rate.

Don’t worry, we’re here to help make sure that it’s not a messy break up and you stay in full control.

Decide why you want to leave your existing lender

Some of the more common scenarios that perfect for you to refinance can include:

  • Finding a better rate to lessen your repayments (or keep them at your old level for faster payoff!).
  • To leverage some equity in your property.
  • Consolidate some other debts (within reason of course).
  • Access to more appropriate features for your stage of life.

Ensure you’re across the fees your old lender charges you

Most lenders will have a fee that is payable when you look to switch. So if you’re going to refinance with another lender, you will have to pay your current lender this fee.

Is LMI Payable when you switch?

Your old mortgage may have had an LMI premium which you paid. When you switch you may have to pay a new LMI premium – which is usually payable depending on your LVR. Whilst it may be capitalised into your new loan, it’s another fee that you may need to pay.

Are you currently on a fixed rate?

If you’re currently on a fixed rate home loan, then this could be quite costly to switch. Every lender will have provisions for what’s known as a “Fixed Rate Break Cost”. It will be in your current loan contract and is paid to the lender if your fixed rate expiry date hasn’t occured yet. It’s not a known cost and is quoted at the time you request it from your current lender.

Low rate options for refinancers

The Well Balanced home loan is an award winning product that’s designed to be flexible.  It comes with great features that you can choose if you need it, without sacrificing our super low rate.

With both Variable and Fixed rate options, there’s sure to be a product option to suit you.

Well Balanceduntil Nov 30th Well Balancedstandard
Interest rate 2.17%p.a. 2.52%p.a.
Comparison rate* 2.20%p.a. 2.55%p.a.
Maximum LVR 80% 90%
Loan amounts (min/max) $200,000 - $2mil $200,000 - $2mil
100% offset available
(for just $10p/m)
Redraw facility
Additional repayments
Fees and charges View fees and charges View fees and charges
Well Balancedunder 80 Well Balancedstandard
Interest rate 2.82%p.a. 2.82%p.a.
Comparison rate* 2.85%p.a. 2.85%p.a.
Maximum LVR 80% 90%
Loan amounts (min/max) $200,000 - $2mil $200,000 - $2mil
100% offset available
(for just $10p/m)
Redraw facility
Additional repayments
Fees and charges View fees and charges View fees and charges

NOTE: LMI Premium is payable for all loans over 80% LVR.  Max. LVR’s include Capitalising LMI Premiums into your loan.

Low rate options for refinancers

The Well Balanced home loan is an award winning product that’s designed to be flexible.  It comes with great features that you can choose if you need it, without sacrificing our super low rate.

With both Variable and Fixed rate options, there’s sure to be a product option to suit you.

Our “Live-in” rates

NOTE: LMI Premium is payable for all loans over 80% LVR.  Max. LVR’s include Capitalising LMI Premiums into your loan.

Investment rates

NOTE: LMI Premium is payable for all loans over 80% LVR.  Max. LVR’s include Capitalising LMI Premiums into your loan.

LET’S GET STARTED

Get pre-qualified today

Most other lenders have fairly rigid eligibility criteria and if you don’t fit the mold, then you don’t fit the loan.

Getting prequalified with Well means there’s no upfront credit reports and you can walk away with answers that you need.

Start my prequalify
Get prequalified on your home loan with a WellCheck

Personalise your lending scenario right now

When looking at your home loan options, it’s important to get the numbers right.  Start your WellCheck today, the fast and simple way to get your personalised borrowing scenario in less than 60 seconds.

No more waiting to speak to someone about your scenario.  Your dream home could be gone while you wait. WellCheck is your personalised solution day or night to work out exactly what you can get with a Well Home Loan.

Anytime, anywhere

Get personal at an open inspection or from the comfort of home.

Personalised rate

Seeing a headline rate is nice; a rate that’s personalised to you is nicer.

Crunch the numbers

Work out your Maximum Borrowing potential and see how much your loan repayments might be.

No credit check

Find the answers you need without having to go through a full application. WellCheck doesn’t impact your credit score at all!

Start my WellCheck

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Disclaimers and things you should know

* Comparison rate warning

The comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Lending criteria, fees and conditions apply. Rates, fees and conditions are indicative, available for new loans only and subject to change without notice.

What is a comparison rate?
Interest rates

Interest rates current as at the following date: 9th September 2020 Interest rates are subject to change at any time without notice. The actual interest rate on your home loan will be quoted at the time of settlement along with the actual repayment amounts. Interest Rates may change between the time of your application and settlement of your loan due to market conditions. Interest rates for existing customers may not be the same as interest rates for new customers. If you have paid a Rate Lock Fee, the rate provided will be listed on your letter of offer and will take effect upon acceptance and payment of the rate lock fee.