Refinancing in Perth (2026 Guide) | When & How to Refinance | Matched Finance
Refinancing isn’t just about securing a lower interest rate.
Done properly, it’s an opportunity to restructure your home loan, release equity and reposition for what comes next.
Whether you’re refinancing to reduce repayments, invest, consolidate debt or prepare to build, structure matters.
This guide explains when refinancing makes sense — and how to approach it properly in Perth.
When Should You Consider Refinancing?
Refinancing may be appropriate if:
• Your fixed rate is expiring
• Your current rate is no longer competitive
• You want to release equity
• Your financial position has improved
• You’re planning to invest
• You’re preparing to build
However, rate alone should not be the only consideration.
Refinancing is a structural decision — not just a pricing decision.
How Refinancing Works
At a high level, refinancing involves:
Reviewing your current loan
Assessing equity and borrowing capacity
Comparing lenders
Applying for a new loan
Discharging the existing lender
Settling into the new structure
But beneath that process is the more important question:
Is the new structure better aligned with your long-term plans?
Understanding Equity in Perth
Equity is the difference between your property’s value and what you owe.
For example:
If your home is worth $900,000
And your loan is $600,000
You may have usable equity (subject to lender limits).
Many Perth homeowners refinance to:
• Fund an investment deposit
• Renovate
• Consolidate debt
• Assist family
But equity release must be structured carefully.
Cross-collateralisation, poor loan splits or incorrect lender selection can limit future borrowing capacity.
If you’re considering equity release, read more about structured refinancing here:
👉 More on refinancing
Common Refinancing Mistakes
The most common mistakes we see include:
• Refinancing purely for a lower rate without reviewing structure
• Extending loan terms unnecessarily
• Consolidating debt without a repayment strategy
• Cross-collateralising properties
• Not considering future investment plans
Refinancing should improve flexibility — not reduce it.
Refinancing and Investment Planning
For many clients, refinancing is the first step toward purchasing an investment property.
By restructuring correctly, you can:
• Preserve borrowing capacity
• Separate loan splits
• Position deposit funds properly
• Maintain tax clarity
If investment is your next move, you may also want to read:
👉 Investment Loans
Refinancing Before Building
If you’re planning to build on land you already own, refinancing may allow you to:
• Release equity for deposit
• Adjust your structure before applying for construction finance
• Improve lender positioning
Construction lending works differently to standard home loans.
Learn more here:
👉 More on Construction Loans
Is Now a Good Time to Refinance in Perth?
Market conditions, lender appetite and personal circumstances all matter.
Rather than asking:
“What’s the cheapest rate?”
It’s better to ask:
“What structure supports what comes next?”
Refinancing is not transactional.
It’s strategic.
Final Thoughts
If you’re considering refinancing in Perth, start with clarity.
Understand:
• Your equity
• Your borrowing capacity
• Your future plans
Then structure accordingly.
If you’d like to review your current loan position, start the conversation here:
👉 Contact Us