Same Property, Better Rate
A simple review turned an outdated rate into real savings
Refinance Loan Case study
Location:
Broker: Adam Dufty
Loan Type: Refinance • Principal & Interest
Client: Refinance • Loyal to their bank for years
Who they are
Client snapshot
This client had been with the same lender for years, making repayments on time and keeping their finances in order. Over time, their interest rate crept up to 7.99% while they stayed on autopilot. They wanted to know if there was a more competitive option available without changing their property or lifestyle.
The challenge
What they were up against.
- The client’s rate had become uncompetitive at 7.99% without them noticing.
- They assumed loyalty to their lender would automatically equal a fair deal.
- They hadn’t reviewed their home loan in several years.
- They wanted a smoother, lower‑stress path to a better rate.
Our approach
What we did.
How we worked our magic to help this client.
- Step
Reviewed their current home loan structure, repayments and interest rate.
- Step
Compared options across multiple lenders to find a sharper, more suitable product.
- Step
Recommended a two‑year fixed rate to deliver immediate savings and short‑term certainty.
- Step
Managed the refinance process end‑to‑end so the client didn’t have to chase paperwork or approvals.
The outcome
What changed for them
The client refinanced to a fixed rate of 5.50% for two years with a more suitable lender. The rate reduction translated into lower monthly repayments and improved cash flow, while the fixed term gave them certainty about their repayments in a changing interest rate environment.- Previous rate: 7.99%- New rate: 5.50% fixed (2 years)- Rate reduction: 2.49 percentage points
Key numbers
- Interest rate: New rate: 5.50% fixed (2 years)
- Lender: Major Bank
- Loan term: 30 Years
- Government Schemes: None
- Repayment type: Principal & Interest
- Monthly Repayment:
- Loan amount range: $500K – $750K
- Timeframe:
Why this worked
The pieces that made it possible.
Good outcomes in broking rarely come down to luck. They come from knowing which lenders will look favourably on a specific situation, structuring the application correctly from the start, and moving at the right time. Here's a breakdown of the decisions and conditions that drove this result.
- Switching to a more competitive lender directly reduced their monthly repayments.
- The fixed period provided short‑term stability while rates continue to move.
- The process was handled for them, making the change simple rather than stressful.
Key takeaways
If you're in a similar spot, this is the thinking.
Every borrower's situation is different, but these outcomes reflect what's possible when the right strategy meets the right broker. Reach out to explore what we can unlock for your scenario.
If you haven’t had your home loan reviewed in the last 12 months, you may be overpaying.
Lenders often reserve their sharpest rates for new customers, not existing ones.
A quick review costs nothing and can uncover meaningful savings.
A better rate today can compound into significant savings over the life of your loan.
Every case is different.
Let's work out yours.
If it has been a while since anyone looked at your home loan, a simple review could make a big difference. Hubblit can compare your current rate against the market and show you what else is available.
100% free service
60+ lenders compared
No obligation
Other clients we've helped
More stories