Mortgage Refinance – Use Your Home Loan to Get Ahead of Debt

Refinance your mortgage to reduce repayments, consolidate high-interest debt, and take back financial control, with support tailored to Australian homeowners.

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Why Australians
Refinance?

If your home has equity and you’re feeling crushed by multiple debts or high repayments, refinancing your mortgage could be the smart, affordable way to reset your financial situation.

At Debt Fix, we help Australians explore refinancing options that reduce stress. By using the equity in your home, you may be able to combine your debts into one low-interest loan repayment and save thousands in the process

Lower your overall interest and repayment burden
Pay off credit cards, loans or bills through your home loan
Restructure repayments with confidence and clarity
Get expert guidance with no upfront cost

See if You’re Eligible – Free Assessment

What Is Mortgage Refinancing?

Refinancing your mortgage means replacing your existing home loan with a new one, often with better terms, rates or repayment flexibility.
It can help you:

Consolidate other debts into your home loan
Reduce your total monthly outgoings
Access equity for life or emergency expenses
Switch to a lender who better fits your goals

Mortgage refinance for debt consolidation allows you to pay off personal loans, credit cards, or Buy Now Pay Later services by spreading the cost across your home loan, at a much lower interest rate.

Speak to a Refinance Consultant

When Is Mortgage Refinance the Right Move?

You might benefit from refinancing if:

You’re paying high interest on credit cards, personal loans or payday debts
Your mortgage rate is higher than the market average
You’ve built equity in your home over time
Your current lender won’t budge on rates or flexibility
You want to streamline multiple repayments into one

We’ll assess your full situation and give honest advice, even if refinancing isn’t your best option right now.

Check if You’re Eligible

What Debts Can Be Paid Off Through Refinancing?

You can usually include:

Overdue bills & utilities

We’ll review your home’s value, mortgage balance, and overall debt picture to recommend the right structure.

Key Benefits of Refinancing for Debt Consolidation

Lower Interest

Mortgage rates are typically far lower than personal loans or credit cards.

Avoid formal insolvency

Avoid formal debt listings or agreements, refinancing keeps your record clean.

One Monthly Repayment

Simplify your finances, no more juggling 5 or 6 due dates.

Fixed or Flexible Terms

We’ll help you explore options to suit your income and budget goals.

Keep Your Home Safe

As long as you meet repayments, refinancing doesn’t risk your property.

Free Up Cash Flow

Reduce your weekly or monthly stress by resetting your repayment structure.

Book a Free Refinance Assessment

Comparison: Refinance vs Other Debt Solutions

Features Mortgage Refinance Debt Consolidation Loan Part IX Debt Agreement

Interest Rate

Lowest (secured)

Moderate (unsecured)

N/A – Not a loan

Credit Impact

Credit check required

May impact

Formal insolvency mark (5 yrs)

Collateral Required

Your home

Unsecured

None

Loan Duration

10–30 years

1–7 years

Legal Binding Terms

Lender contracts

Formal under Bankruptcy Act

Flexible Repayment Options

Yes

Moderate

Fixed terms

Ideal For

Homeowners with equity

Compare All Debt Options

Who Is Eligible?

To refinance your mortgage, you should generally:

Own a property with equity
Have a stable source of income
Be up to date (or nearly up to date) on mortgage payments
Have unsecured debts to consolidate
Meet basic lending criteria (subject to assessment)

Even if you’ve been declined elsewhere, we may still be able to help. We work with a network of Australian lenders who understand that life isn’t perfect.

Check Your Refinance Options Now

The Debt Fix Refinance Process

Free Refinance Check

We assess your mortgage balance, current rate, and equity.

Debt & Budget Review

We look at your total debt picture to see if consolidation makes sense.

Option Presentation

We show you real refinance options from trusted lenders, no obligation.

Application & Support

If you’re happy to proceed, we’ll handle the paperwork and communication.

One Affordable Repayment

Your debts are consolidated into your home loan. You repay just one amount, often at a lower rate.

Start with a Free Refinance Consultation

Who We Help

We’ve helped Australians across every state and walk of life:

Homeowners with rising repayments
Families using credit cards to cover bills
Older Australians looking to consolidate before retirement
Essential workers needing relief from rising costs
Self-employed individuals with inconsistent cash flow
People with equity but limited lending knowledge

Book Your Refinance Chat Now

Why Choose Debt Fix?

Experience That Matters

20+ years helping Australians reduce debt with smart strategies - not sales tactics.

20+ Years Helping Australians

We’ll never charge for advice or assessment. You only proceed if it truly helps.

We Start Helping Right Away

Unlike others, we don’t wait for paperwork to support you.

Real People, Honest Advice

You’ll speak to someone who explains, not sells.

We Work With Trusted Lenders

We partner with responsible providers who look at more than just your credit score.

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What Australians Say About Debt Fix

Read Our Success Stories in Helping Australians go Debt Free

Over 20 years of success stories across every state in Australia

Helen
Debt Value: $44,780

I experienced financial hardship as a result of a previous relationship where I was a victim of domestic violence and financial abuse. During this time, I was coerced into taking out a loan with a bank, which I was later left solely responsible for repaying.

William
Debt Value: $49,065

Everything started to unravel when my relationship with my ex-wife ended, and she was granted full custody of our children. This was an incredibly difficult time for me and had a significant impact on my mental health. During that period, I relied heavily on short-term, high-interest loans just to get by,

Eadie
Debt Value: $72,960

I ran into financial trouble after experiencing a period of unemployment, which led me to take out several loans to cover my living expenses. Unfortunately, I didn’t fully understand the high interest rates and short repayment terms involved, and this quickly trapped me in a cycle of debt that became unmanageable.

Read Real Stories

Ready to Refinance?

See if you can reduce debt and free up cash with a single, smarter mortgage.

Serving every region across Australia

Call Us: 1300 332 834

Book a Free Refinance Assessment Now

FAQs - Mortgage Refinancing in Australia

Yes, that’s one of the main reasons people refinance. You can often use your home equity to pay off unsecured debts.

If your home is worth more than what you owe on your mortgage, you may have equity. We’ll help assess this for free.

Often yes, mortgage rates are generally lower than unsecured personal loans or credit cards.

Not necessarily. We aim to reduce your total outgoings, even if the loan term adjusts slightly.

No. We’ll handle communication with all lenders, including exploring better options than your current bank.

From assessment to approval can take anywhere from 3–10 days depending on your lender and paperwork.

We work with lenders who consider real-life situations, not just scores. Equity can help offset lower credit.

Some lenders have application or exit fees, we’ll outline every cost upfront and show the savings potential.

Yes, we’ll help you choose a structure that suits your financial habits, including access to redraw or offsets.

No, we’ll customise the refinance to suit your needs. You can choose which debts to roll in.

We’ll keep in touch and help restructure again if needed. You're not alone after settlement.

Yes, we support clients across NSW, VIC, QLD, SA, WA, TAS, ACT and NT with fully remote service.