💸 Is It Worth Refinancing? This week’s case study - The Real Impact on Cash Flow and Interest Savings.
Refinancing can seem like a hassle, but the benefits are well worth it for many homeowners. Lower interest rates reduce monthly repayments and save thousands in interest over time.
Let’s walk through a real-life example involving an owner-occupied home and an investment (parent’) property.
🏠 The Scenario
William and Anne wanted to:
Lower their interest rates
Improve their monthly cash flow
Prepare for future investment opportunities
Total Loan: $542,824.00
Both loans were with the same lender, but the interest rates increased over time. After reviewing their options, they refinanced with a different lender, significantly lowering their rates and freeing up extra cash each month.
💳 Loan Repayment Comparison & Cash Flow Improvement
Lowering the rate improves cash flow and cuts the total interest you pay over time.
🧠 Why This Matters
📉 Reduced Monthly Repayments: More breathing room for everyday expenses
📈 Improved Borrowing Power: Stronger position for your next investment
💰 Lower Interest Costs: Save thousands annually—money that stays in your pocket
🎯 Thinking About Refinancing?
If your loan is over a year old, you will likely pay more than you should. We can run the numbers in just 15–30 minutes and show you how much you could save.
Let’s chat—your future self (and wallet) will thank you.
The information contained is general information only and does not consider your objectives, financial situation and needs. Please talk to us if you need a fast-tracked home loan, and we can help you find a lender that has the processes in place to process the application quickly. We strongly recommend that you do not act on any information provided on this website without individual advice from your trusted advisor. You should also obtain a copy of and consider the Product Disclosure Statement for all financial products before making any decision.
Best Foot Forward always tries to make sure all information is accurate. However, when reading our website, please always consider our Disclaimer policy.
