Now reviewing loans for May 2026

You're probably overpaying on your mortgage.
Find out by how much.

Your bank quietly drops better rates for new customers — not you. See your real savings in 30 seconds, with no credit check and zero personal details.

30-second check No credit check No personal details 30+ lenders compared
Show me my savings → Takes about 30 seconds
$487/mo
Average savings found
780+
Aussie homeowners helped
5.0★
119 Google reviews
Refinance Feasibility Check
How much could you save?
Free
No credit check 100% private Indicative only
5.0 / 5 · 119 Google reviews
Compared lenders include CBA ANZ Westpac NAB ING Macquarie Bankwest + 25 more
780+ Aussie homeowners helped
The Bank Loyalty Tax

"My current bank is fine." They're counting on you thinking that.

Australian lenders offer their sharpest rates to new customers — not to the people already on the books. After 2 years, most homeowners are paying 0.4–1.2% more than they would on a fresh loan elsewhere.

On a typical $600k owner-occupied loan, switching from 6.40% to 5.93% doesn't just lower your monthly repayment. Used properly — via the offset — it compounds. Here's the real maths.

Current rate
6.40%
→
Panel best today
5.93%
Monthly cashflow saving
Reduction every month
$191/mo
Indicative interest saving
Over remaining 25-year term
$64,219
Offset Acceleration Framework™ ⚡ How is this possible?
Compound your monthly saving inside the offset
$84,940
Total estimated potential savings
Combined across full remaining term
$149,158
That's the difference between a rate switch and a structured refinance. Indicative only — your real number depends on your actual loan.
How it works

Three steps. No surprises.

From "I wonder if I'm overpaying" to a clear answer — without giving up anything you'd regret.

01

Plug in three numbers

Loan balance, remaining term, current rate. No name, no email, no credit check. The calculator runs in your browser.

30 seconds
02

See real savings, instantly

We compare your rate to live offers from 30+ lenders on our panel. You see the gap in dollars per month and total interest.

No commitment
03

Decide if it's worth a chat

If the savings look real, Peter walks you through your options. If refinancing doesn't make sense for you — he'll tell you straight.

Only if you want to
Real outcomes

What clients actually walked away with.

Names and exact loan details kept private — but every dollar figure here is real.

$5,940
Saved / year
Rate & offset structure

Thought they needed years to save — they were closer than they realised.

Stable PAYG couple stuck on a 6.59% rate with no offset in place. We restructured the loan, dropped them onto a sharper rate, and routed surplus cashflow through a properly-set-up offset. Direct rate saving compounds inside the offset every month.

$580k loan · Owner-occupied · NSW · projected $96k+ interest saved over remaining term
→
$48,200
Equity unlocked
Equity access · next purchase

Wanted to access equity — didn't know where to start.

Reviewed usable equity across an existing investment property, restructured lending across two lenders to keep loans cleanly separated, and aligned the new facility with a planned second investment purchase inside 6 months.

$720k existing loan · Investor · VIC · settled second property within 7 months
→
Approved
After being declined
Borrowing capacity fix

Declined by their bank. Approved with a smarter lender choice.

PAYG income with side hustle earnings. We matched them to a lender whose servicing policy actually counted their full income, then restructured the application.

$840k loan · Owner-occupied · QLD
→
Peter — founder, PSM Finance
Meet Peter

Mortgage broker & founder, PSM Finance.

Over the past 5+ years, Peter has helped 780+ Australians simplify their lending — reviewing existing loans, navigating lender policy, and structuring debt to support long-term plans.

He's straight-talking, doesn't push refinances that don't stack up, and explains the bits banks usually skim over.

MPA Top 35 under 35 Astute Business of the Year 2024 & 2025 Part of the RateOne Group 200+ first home buyers helped
What clients say

Reviewed on Google. Verified by real loans.

Real feedback from our 5.0★ rating across 119 Google reviews.

"Peter went above and beyond to help me refinance. He was very transparent and helped me with any questions I had with the whole process. Have recommended family and friends to him and they've been happy so far!"

DD
Daniel D.
Refinance
Google

"Dhillon and Peter were an absolute pleasure to deal with during the refinancing process. I have enjoyed working with them for a second time. Each time the process has been seamless. They've found me the best interest rate possible."

SD
Sophie D.
Refinance · Repeat client
Google

"Peter and Dhillon have been exceptional in helping my family secure a great home loan rate which eventuated in us being able to secure an investment property… The communication has been excellent at all stages. Well done lads!"

AA
Ash A.
Investor
Google

"As first-home buyers, the entire process felt quite overwhelming at first. Peter was incredibly supportive, his patience and guidance were truly exceptional… will absolutely turn to him again for any future refinancing needs."

BR
Brayden R.
First home buyer
Google
Read all 119 reviews on Google
As featured in

Recognised by the industry that scrutinises it.

The awards don't lower your rate — but they tell you Peter's been doing this seriously for a while.

2023
Rising Star
MPA Magazine
Top 35
Brokers under 35
MPA Magazine
2024 & 2025
Business of the Year
Astute Financial
Featured
The Adviser & AB
Australian Broker
Peter's promise

The no-pressure guarantee.

If refinancing or restructuring your loan doesn't actually stack up for your situation — we'll tell you. Even if it means you stay exactly where you are.

Because the goal isn't refinancing. It's making sure your loan actually supports the rest of your life.

— Peter · Founder, PSM Finance
Common questions

Things people ask before they click.

Straight answers — no fine-print games.

Will this affect my credit score?
No. The calculator runs entirely in your browser and doesn't pull your credit file. We only run a credit assessment once you've decided you want to formally apply — and we'd talk you through what that involves first.
Do I have to give my email or phone number to see the results?
No. You'll see your indicative savings on the next screen with no personal details required. If you want Peter to dig deeper and compare specific lender options for you, you can choose to share your details then.
Is the savings figure accurate?
It's an indicative estimate based on current panel rates for typical eligibility profiles. Your actual offer depends on your full picture (LVR, income, security, credit history) — which is exactly the conversation we have if the indicative number looks worth chasing.
How is PSM Finance paid?
PSM Finance is a mortgage broker, paid by the lender on successful settlement — at no direct cost to you. Our credit guide and full disclosure are shared before any formal application. We're a Credit Representative (527347) of R1 Investments Pty Ltd (ACN 158 308 564) under Australian Credit Licence 422284.
What if I'm fixed-rate? Will I get hit with break costs?
Break costs are a real consideration on fixed loans — sometimes they're modest, sometimes they wipe out the gains. We'll request an estimate from your current lender and only recommend refinancing if it makes sense after break costs.
How long does the whole refinance process take?
Most refinances we lodge are settled within 4–6 weeks, but it depends heavily on your current lender's discharge timeline. We'll give you a realistic estimate up front based on the lender pairing.
What if I owe more than the property is worth, or my situation's changed?
High LVR, reduced income, recent credit hits — none of these are automatic disqualifiers, but they do narrow your options. We'll be honest about what's realistically achievable rather than wasting your time with an application that'll be declined.

Stop paying the loyalty tax.
See your real number in 30 seconds.

No credit check. No personal details. Just a clear answer.

Calculate my savings →
30 seconds No personal details required Free, indicative estimate

No obligation. Submitting your details isn't a credit application — it just lets Peter see if it's worth a conversation, and you consent to being contacted about your enquiry. Opt out any time.

See your savings in 30 seconds No credit check · No personal details
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