Rates and fees move over time, so a loan set up a while ago can sit above what is available today. The sharpest variable rate we track right now is 5.69%. Tell us your current rate and we check it against the live market so you are not paying more than you need to. If there is a genuine saving, an accredited broker looks at a switch for you. Free, no obligation, no impact on your credit.
A refinance on a typical Australian mortgage can save thousands of dollars a year in interest. Most people never check. BillSense makes it a two minute message: send your rate, lender and balance, and we do the comparison and the legwork.
Your current rate, lender and rough balance. That is all we need to start.
We check your rate against what lenders are actually offering right now.
If there is a genuine saving, an accredited broker handles the refinance. If not, they tell you to stay put.
BillSense Home Loans arranges credit assistance through a qualified, accredited mortgage broker. A credit guide with licensing details is provided before any credit assistance. Questions? Contact us.
Home loan rates are national, but refinancing activity is not. Here is how much each state refinanced to a new lender last quarter, from ABS Lending Indicators. Pick your state to see where it sits and check your own rate.
Source: ABS Lending Indicators, external refinancing of housing loans, latest published quarter.
No. Everything here is general information only, based on lenders' advertised variable rates from published open data. It is an indicator, not a quote, it does not take your personal circumstances into account, and it is not credit or financial advice. What we can do is put you in touch with a qualified, accredited mortgage broker who reviews your exact needs and finds a competitive rate for you.
Yes, completely free, with no obligation and no impact on your credit. You send your current rate, lender and rough balance, we compare it against the live market, and if there is a genuine saving a qualified accredited broker reviews a switch for you.
The sharpest owner-occupier variable rate we track is about 5.69%, against an average of about 6.16% across 58 lenders (as at 7 Sept 2026). These are advertised rates, not comparison rates, and a comparison rate reflects fees. Your actual rate depends on your loan size, deposit or equity (LVR), income and lender.
Tell BillSense your current rate, lender and rough balance. We compare it against lenders' current advertised rates as general information. If there looks to be a genuine saving, a qualified accredited broker reviews a refinance against your exact needs. If not, they tell you to stay put.
General information only, based on advertised rates (not comparison rates). An indicator, not a quote, and it does not consider your circumstances. Not credit advice. A qualified broker confirms a rate for your situation.