06/09/2025
Can’t believe we are already in September…
The year has flown by, and the mortgage market hasn’t slowed down one bit.
As we head into the final quarter of the year, now is the perfect time for a loan health check.
Why?
Because small tweaks today can set you up for big savings and better financial security tomorrow.
Here are 10 important things to review in your loan health check this September:
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1. Interest Rate - Is your rate still competitive compared to what’s currently on the market?
2. Repayment Type - Are you on principal & interest or interest-only? Does it still suit your goals?
3. Loan Term - How many years are left? Could restructuring shorten it and save interest?
4. Offset/Redraw Facilities - Are you making the most of your offset account or redraw options?
5. Fees & Charges - Check for annual fees, package fees, or hidden costs that add up.
6. Lender Policies - Have your bank’s lending criteria changed? Could another lender offer more flexibility?
7. Equity Position - Has your property grown in value? Could you leverage equity for renovations or investments?
8. Fixed vs Variable - Is your fixed period ending soon? Should you lock in again or switch to variable?
9.Debt Consolidation - Could rolling high-interest debts into your mortgage save you money?
10. Future Goals - Does your loan still align with your life plans - upgrading, investing, or paying down faster?
💡Thinking of a loan health check before the end of the year rush, let’s connect.
Book an appointment with us.
www.cinch.loans
