22/10/2026
🏡 Another Home Loan approved Today !
Customer's Scenario:
The customer had multiple loan accounts and was paying an interest rate of 6.67% p.a. Managing multiple loan accounts made their finances more complicated, and the customer also wanted to access funds to purchase a new car.
Taking out a separate car loan could have meant paying an interest rate of approximately 15% p.a.
Solution Provided by R2M Home Loans:
R2M Home Loans successfully arranged the customer's refinance to ANZ, with the loan now approved at an interest rate of 6.25% p.a.
The approved refinance provides the following benefits:
• ✅ Lower Interest Rate: Reduced from 6.67% to 6.25% p.a.
• ✅ Simplified Loan Structure: Consolidated multiple existing loan accounts into one loan facility.
• ✅ Monthly Repayment Savings: Approximately $300 per month in reduced repayments.
• ✅ Funds for a New Car: Accessed equity through the home loan refinance to help purchase a new car.
• ✅ Potentially Lower-Cost Borrowing: Used the home loan facility at 6.25% p.a. rather than taking out separate car finance at an indicative rate of approximately 15% p.a.
Overall Outcome:
The ANZ refinance approval gives the customer a simpler way to manage their borrowing, reduces their monthly repayments and provides access to funds for their planned car purchase.
By reviewing the customer's existing loan arrangements and identifying a suitable refinancing option, R2M Home Loans helped the customer work towards their financial goals through a more streamlined loan structure.
📩 Contact us today for a consultation. Let’s explore how we can help you!
