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:


interest rate p.a.


comparison rate p.a.*

Note: Lowest rate shown is our variable P&I home loan for owner occupiers.
Get started
Hero image of illustrated family entering home

So you've decided you can do better

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!

illustration of a computer with a one and two and checkbox to show how easy it is

Saving money

Refinancing your home loan can be one of the best cost-cutting measures you can take to help reduce your monthly repayments.

Get a better rate

If your existing lender can’t match our super low rates, maybe it’s time to experience a better kind of home loan.

illustrated icon of shopping cart

So simple!

Get your personalised borrowing scenario before you commit to a home loan.  No upfront credit reports means we make sure we’re right for each other first.

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.

  • Award-winning low rate

  • 100% Offset available

  • Options to 90% LVR

  • Extra repayments allowed

FIXED – P&I “Live in owner-occ”

Owner occupied rates from:



interest rate p.a.



comparison rate p.a.

Designed to help you own your home sooner.

Owner occupier rates
FIXED – P&I “Investor”

Investment rates from:



interest rate p.a.



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 occurred yet. It’s not a known cost and is quoted at the time you request it from your current lender.

Feature packed. Super low rates.

Get even more information below

Grab our latest brochure or if you want to compare apples with apples and see how the Well Balanced stacks up against others, get a Key Fact Sheet!

Key fact sheet

100% offset account

Convenient and simple way to start saving on your interest.  Pop in your salary each month and use the EFTPOS Debit card facility to access your funds.

Free redraw

Once you’ve made enough additional repayment, you can get access to your funds to transfer out. Great for emergencies.

Split loans

Feel like hedging your bets?  Get a little fixed and a little variable – you decide with our split loan options on our low rate loan.

Additional repayments

Make additional repayments when you want to.  Some limits do apply for fixed rate loans though.


Get pre-qualified today

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

Getting pre-qualified with Well means there are no upfront credit reports and you can walk away with answers that you need.

Start my pre-qualify
Illustrated people standing around reviewing numbers on a dashboard
illustration of people calculating numbers

Personalise your lending scenario 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.

Phone showing results of a WellCheck
Start my Free WellCheck
Illustration icon of hand holding a mobile phone

Anytime, anywhere

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

Illustrated icon of a calculator and graphs

Personalised rate

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

illustrated icon of a computer with graphs

Crunch the numbers

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

Illustrated icon of a calculator and graphs

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!

RateCity 2020 Gold award for Variable Home Loan
Mozo experts choice award 2019 for Best New Home Loan
Finder award 2020 for 3 year fixed home loan
Money Magazine Best of the Best 2021 award for best value basic home loan

An award winning home loan

An award winning home loan

We started Well Home Loans with a mission of keeping our rates as low as possible while ensuring that the service we provide to our customers is second to none. 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 rates.

illustration of a computer with a one and two and checkbox to show how easy it is

Online made easy

We’re a different kind of online lender that treats you like part of our family, keeping it simple and convenient.

Home loan experts

Access to your very own Australian based home loan consultant who will be there with you for your entire home loan journey.

illustrated icon of shopping cart

Try before you buy

We’re a different kind of online lender that treats you like part of our family, keeping it simple and convenient.

Illustration of a family sitting together in a garden

Why Well Home Loans

We’re not a traditional online lender. We’re a non-bank lender that just happens to live online. So what that means is some good old fashioned customer service is at the heart of what we do.

  • Cutting out a lot of the costs, means that we lend direct to you, ensuring that you get the best rates we can offer.

  • ‘Pro packs’ full of features you didn’t want but had to pay for in order to get a cheaper rate? Why can’t it just be simple!

  • We believe in educating people about the biggest financial decision of their life.

  • No one goes out to buy a home loan. We get that. Our loans are meant to help you!

See what others are saying about us

See what others are saying about us

Discover more tips and guides at WellHub

More articles