Interest Rate Increase – Tuesday 24 March 2026: Following the RBA’s decision to change the official cash rate, interest rates for owner‑occupier and investor variable loans will increase by 0.25%, effective 1 April 2026. From 1 April 2026, deposit rates across the majority of savings products will also increase by 0.25%. Find out more.

How do I refinance my home loan?

A family entering their new home, smiling and carrying belongings
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FAQs

Refinancing your home loan with Qudos Bank is a simple process that may help you save money on interest and reduce your repayments. Here are the steps you’ll need to follow:

  • Research your options: Look at the home loan products available from Qudos Bank and compare them to your current home loan. This’ll help you determine if refinancing is the right option for you.
  • Apply for the new loan: Once you have decided to refinance, you can apply for a new loan with Qudos Bank online, calling our Contact Centreor by visiting one of our branches. You’ll need to provide documentation to support your application, such as income and expense details.
  • Await loan approval: After you’ve applied for the new loan, Qudos Bank will assess your application and let you know if you’re approved.
  • Settle your new loan: If your new loan is approved, you’ll need to pay any fees associated with the loan and sign any necessary documents. Qudos Bank will then pay out your old loan on your behalf.
  • Enjoy your new loan: Once your new loan is settled, you can enjoy the benefits of lower repayments or a lower interest rate.

At Qudos Bank, we have a team of lending specialists who can guide you through the refinancing process and answer any questions you may have. If you’re interested in refinancing your home loan, you can find more information on our website.

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