Should You Refinance in 2025? Here’s How to Know
Interest rates. Rising costs. Lenders trying to keep you locked in. Welcome to the 2025 refinance jungle.
But here’s the deal — if you haven’t looked at your mortgage in 18+ months, there’s a good chance you’re paying more than you need to.
We break down:
What refinancing is
When it’s worth doing (and when it’s not)
What to look for in a better deal
How a mortgage broker makes the process simple
🔁 What Is Refinancing?
It’s when you swap your current home loan for a new one — often with a different lender — to get a better rate or features.
You can:
Lower your interest rate
Reduce your repayments
Access equity for renovations or investments
Switch to a loan with better features (like an offset account)
🕵️♂️ Signs You Might Be Due for a Refinance
Your rate starts with a 6 or higher
You’re still on a fixed rate from 2–3 years ago
You’ve built up equity
You want better features (offset, redraw, flexibility)
You’re feeling stuck and want options
💰 How Much Can You Actually Save?
Let’s say:
$600k loan
Current rate: 6.3%
New rate: 5.8%
That’s around $150/month saved. Over 3 years = $5,400.
Not bad for a few hours of admin — which we handle for you.
⚠️ When NOT to Refinance
Sometimes it’s not the right move.
If you’re mid-fixed with a big break fee
If your current lender has loyalty perks you need
If you’ve just bought and haven’t built up equity
That’s why we review the numbers and tell you straight.
🧰 How Nude Makes Refinancing Easy
We:
Compare your current loan to 30+ lenders
Crunch the real savings
Help you switch smoothly (or stay put if that’s smarter)
We’ll even let your current lender know — and help you negotiate if you want to stay.
👥 Real Nude Story: Amanda & Leo in Preston
They refinanced with us in March 2025:
Switched from a 6.5% rate to 5.89%
Got an offset account + fee-free redraw
Saved $218/month
“It was easier than changing energy providers. Wish we’d done it sooner.”
✅ Ready to Refinance Like a Pro?
If you’re not sure if refinancing is worth it, we’ll help you find out.
