A fresh start for your loan.
Explore moving your existing loan to Aspire with a repayment plan that works for you.
Make your next loan
decision an informed one.
Before moving your loan, compare your current settlement amount, new interest, fees and total repayment. A lower monthly instalment does not necessarily mean a lower total cost.
What to have ready
- A current loan statement and settlement quotation
- Details of any security attached to your existing loan
- Identification and income information
- A comparison of the full cost of switching
This is a preparation guide. Aspire will confirm the documents and terms required for your application.
How refinancing works
Tell us what you need
Choose your loan and share a few details about your plans.
Get a personalised offer
Our team reviews your application and explains the costs and repayment terms.
Take your next step
Review and accept your agreement. Funds are released after the required checks.
Is refinancing right for you?
Refinancing suits a borrower whose current facility no longer fits their income — a repayment that has become uncomfortable, or a loan from elsewhere that could be restructured. The aim is a schedule you can finish, not simply a smaller instalment.
What to weigh up
- Your settlement amount today, and any charges for leaving the current lender
- The new rate, fees and total cost over the new term
- Whether a longer term lowers the instalment but raises the total interest
- Any security that has to be released and re-registered
What do I need for a refinancing review?
A current loan statement and settlement quotation, details of any security attached to the existing loan, and identification and income information.
Will I pay less each month?
Not always, and a lower instalment is not automatically cheaper. Compare the settlement amount plus the new interest, fees and total repayment against what you would pay if you stayed where you are.
Can I refinance a loan from another lender?
Yes. Aspire will assess the takeover, and the team will confirm the amount, the terms and any costs involved in moving the facility.