01/10/2026
😤 Frustrated with rising interest rates?
You’re not alone.
When interest rates keep climbing, it’s not just the rate on your home loan that changes. Your monthly cash flow takes the hit.
And when your mortgage repayment keeps increasing, there’s less money available for everything else.
But there may be another option worth considering.
💰 What if you could reduce your required monthly repayment?
For example:
$600,000 home loan
Current rate: 6.70%
Remaining term: 26 years
Current repayment: $4,065 per month
By refinancing to 6.29% and resetting the loan back to a 30-year term, the minimum repayment would reduce to approximately $3,709 per month.
That's around $356 per month back into your household cash flow.
That's approximately $4,272 a year that could help with rising household expenses, bills and the cost of living.
⚠️ Is extending your loan back to 30 years the perfect long-term strategy? No.
But if rising interest rates are putting pressure on your cash flow, it can be a strategy worth considering.
And here's the important part...
When interest rates eventually ease and your cash flow improves, you can look at using that additional capacity to make extra repayments, helping you reduce your loan balance and potentially pay the loan off sooner.
It's about creating breathing room now, without losing sight of your long-term goal.
At Monument Financial Group, we can review your existing home loan, compare your options across 30+ lenders and look at whether refinancing could improve your cash flow.
📍 Aintree | Melbourne's West | Melbourne C*D | Melbourne-wide
📲 Feeling the pressure from rising interest rates? Let's talk about your options.
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