Debt consolidation home loans
Moving card and car debt into your home loan cuts the monthly bill. Done carelessly, it costs more in the long run.
How it works
If you have enough equity, we refinance your home loan and borrow extra to pay out your other debts. Car loans, personal loans and credit cards usually carry much higher rates than a home loan, so your total monthly repayments drop.
The catch
A five-year car loan moved into a 30-year mortgage is paid off over 30 years unless you choose otherwise. The rate is lower, but you can pay more interest in total. We set the consolidated amount up as its own split with a shorter term, so the debt is gone in a few years and you still pay less each month.
What lenders look for
- Enough equity, usually keeping the loan at or under 80% of the value
- A clean repayment history on the debts being paid out
- Cards closed or limits reduced after the payout
- A reason for the debt that will not repeat
Missed payments don’t rule you out. They narrow the list of lenders, and some specialise in exactly this.
Is it right for you
Consolidation suits people with steady income whose debts built up over time. If you are struggling to meet repayments now, free help is available from the National Debt Helpline on 1800 007 007 before you borrow more.
How we handle it
The same four steps on every loan, whatever the size.
Talk
A 20-minute call about what you want to do. No documents needed yet.
Compare
Your scenario priced across 40+ banks, mutuals and non-bank lenders, explained in plain English.
Settle
We package the application, lodge it and chase the lender through to settlement.
Stay sharp
Every year we check your rate against the market, so the loyalty tax never gets a grip.
Questions people ask
Will consolidating hurt my credit file?
The new application is recorded. Paying out and closing other debts generally helps over time.
Can I consolidate tax debt?
Some lenders allow it. See home loans with an ATO debt.
General information, last updated November 2026. Scheme figures, lender policies and duty rates change, so confirm them before you rely on them.
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Let’s talk about your next move
Twenty minutes on the phone. No documents and no sales pitch.