This couple thought their mortgage was working for them… until they discovered it could work
so much better.
Refinancing your home loan isn’t just about chasing the lowest interest rate. Sometimes, it’s about simplifying your finances, reducing stress, and improving cash flow. At Loan Studio, we recently helped a couple do just that — achieving real financial relief while staying in control of their mortgage.
The Situation: More Than Just a Rate
When MA & FA reached out, they weren’t struggling to make repayments. They were already on a competitive 5.49% home loan rate, but managing multiple debts was stressful:
Two nearly maxed-out credit cards ($8,000 and $7,000)
Car loan with $20,000 remaining
Their total monthly repayments across all loans and credit cards came to $4,501. Even with good credit, juggling these repayments was limiting their cash flow and flexibility.
The Solution: Home Loan Health Check
We recommended a Home Loan Health Check, a detailed review of their current mortgage, debts, and repayment structure. After assessing their situation, we suggested a refinance strategy that included:
Refinancing their home loan to 5.39% variable
Consolidating the car loan and credit card debt into their mortgage
Releasing $15,000 for home renovations
This strategy wasn’t about chasing the lowest advertised rate — it was about creating a simpler, more flexible loan structure that aligned with their financial goals.
The Outcome: Simplified Finances & Improved Cash Flow
After refinancing, MA & FA now enjoy:
Only two home loan splits to manage
$1,080 per month extra cash flow
Funds released for small home improvements
Greater flexibility to make additional repayments
By consolidating debt and adjusting their loan structure, they turned a stressful repayment scenario into a manageable, strategic financial plan.
Why a Home Loan Health Check Matters:
Many homeowners don’t realise that refinancing isn’t just about lowering your interest rate. A Home Loan Health Check can help you:
Identify opportunities to reduce monthly repayments
Consolidate multiple debts for a simpler structure
Release equity for renovations or investments
Improve cash flow and financial flexibility
At Loan Studio, we help clients explore personalised refinancing solutions, so their mortgage works as hard as they do.
Take Control of Your Loan Today
If it’s been more than 12 months since you reviewed your mortgage, now could be the perfect time to see if your loan is working for you. A simple refinance or restructure could save you hundreds each month and put you back in control of your finances.
Book a Home Loan Health Check today and discover how we can simplify your repayments, release equity, and improve your cash flow.
