What Happens in a Home Loan Health Check?

Your Current Rate and How It Compares

The first thing we look at is your current interest rate — what you're actually paying — and how it compares to what's available in the market now. Not just at your current lender, but across a panel of lenders.

This is the single most valuable thing the conversation produces for most people. You may discover you're already on a sharp rate and there's no obvious upside in moving. Or you may discover the gap is significant. Either way, you leave knowing the answer.

Your Loan Structure and Features

Rate is one part of the picture. Structure is the other. We look at whether your loan is set up in a way that works for your current situation — fixed versus variable, offset account usage, whether your repayment type (principal and interest versus interest only) still makes sense, and whether any features you're paying for are actually being used.

A rate cut that comes at the cost of losing a useful offset account isn't always a win. We're looking at the whole picture, not just the headline rate.

Your Equity Position and What It Opens Up

Property values move, and your equity position changes with them. If you've paid down principal over time and your property has increased in value, your loan-to-value ratio may have shifted significantly from when you first borrowed. That can unlock more competitive rates, better products, or remove fees you're still paying based on an old risk profile.

We also look at whether any equity could be usefully structured — for investment purposes, renovation, or other goals — if that's relevant to where you're heading.

What You Walk Away With — and What Happens Next

At the end of the conversation, you'll have a clear picture of whether your loan is still working for you. If it is, that's a useful confirmation. If there's a better option available, we'll walk through exactly what it would look like to make the move — timeline, process, costs, and what you'd gain.

There's no obligation to proceed. The purpose of the review is to give you an informed position, not to sell you something you don't need.

The people who get the most from a health check are the ones who come prepared. They know their current rate, they have a rough idea of their loan balance, and they're genuinely open to making a change if the numbers stack up. If that sounds like you, 30 minutes is worth your time.