Debt consolidation means pooling all your debts (like car loans and credit cards) and combining them into your home loan.
This means that all your debts will be at the lower home loan rate and you can free up money to use in other ways or to pay off your loan sooner.
Our calculators will help you roll all your debts into one so you can see how they reduce your total monthly repayments.
Simply add up all your outstanding loans, credit cards and other lump sum amounts, then add the total to your current mortgage. Insert the new mortgage amount into the calculator and compare the monthly repayments to your current monthly payments to see the savings you can make.
Remember, before you do anything, speak to an independent mortagage broker to help you find the right mortgage for you.
