how much can you save?
Refinance home loan calculator
You may be paying way too much for your home loan. Find out how much you could save by refinancing with Tic:Toc.
Your home loan options
Variable
P&I
Live-in
5.49% p.a.
Interest rate
5.50% p.a.
Comparison rate
- Up to 30 yearsloan term
- 10% depositminimum
- No feesupfront or ongoing
- Unlimitedadditional repayments
- Free online redrawon any additional repayments
- Offset accountoptional for $10/month
Please note if you add an offset account, your comparison rate will change.
Backed and funded byFixed 1 year
P&I
Live-in
5.49% p.a.
Interest rate
5.50% p.a.
Comparison rate
- Up to 30 yearsloan term
- 10% depositminimum
- No feesupfront or ongoing
- $20,000additional repayment limit per year
- Free online redrawon any additional repayments
- Offset accountoptional for $10/month
- 5.49%roll-to-rate after 1 year
Please note if you add an offset account, your comparison rate will change.
Backed and funded by
WHY REFINANCE?
It pays to refinance
More money in your pocket
In 2021, we saved customers who made the switch to Tic:Toc $230 per month on average.
What to do with the savingsSave on fees
Because we’re an online home lender, you'll have no application fee, no monthly fees, no annual fees, and no redraw fees.
See our feesOffsets for all
Offset accounts + fixed rates are rare. Lock in a low fixed rate and use your offset to reduce your interest over the life of your loan.
Learn moreSecured by the FCS
We're funded by Bendigo and Adelaide Bank, who are protected under the Financial Claims Scheme (FCS).
Learn moreFaster process
When you link your accounts, our tech helps to assess and verify your financials online, so you get a faster response.
More about usLocal team
We have local home loan specialists that are here to help 7 days per week. Even weekends!
Let's talk
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FREQUENTLY ASKED QUESTIONS
Save time with an instant answer
Refinance in 3 easy steps
Apply online and get help from local home loan experts when you need it.
1
2
3
Apply online
Your application should take about 20 mins to complete. We will ask you some basic questions about you and your property to check your eligibility. Then we will need to verify your identity, financials and run a credit check. Have a digital copy of your ID and key documents ready to upload.
Approval
Once completed we'll tell you whether or not you're approved — or declined. Once you are approved we will send over a contract for you so you can sign.
Your job is done
The final step is settlement. This is where the money changes hands from your current lender to Tic:Toc. The date is generally worked out by our solicitor/conveyancer and your current bank’s settlement department. It can take up to 4 – 6 weeks.
Hooray, you're done. Well done you! Enjoy your savings.
How this refinance calculator works
This refinancing home loan calculator is a guide only, and gives you an estimate of how much interest you could save by refinancing with Tic:Toc, based on the Tic:Toc loan type selected for comparison, and the loan amount and loan term you entered. You’ll get a real assessment when you begin an application, and enter the specifics of the property, your loan type (including whether or not you select an offset account), personal details and your financials.
Legal things about our rates, no tricks
About our Awards
Awards don’t motivate us as much as helping customers. But as the OG digital home loan, being awarded Canstar’s ‘Digital Lender of the Year’ makes us pretty proud. We’re excited to say that over the last five years, we’ve won 42 Canstar awards and you can find out all about them here.
No honeymoon rates
Existing borrowers may have a different interest rate, depending on the price we were able to negotiate with our funder at the time the loan settled, and any reductions made over time. We don’t do honeymoon rates, or make loyal customers subsidise lower prices for new customers. We’re transparent with our rate history, you can read about it here.
Our current rates
Our rates are current as of 31 May 2023; available to all home loans approved on or after this date, and they can change. Our comparison rates are calculated for a $150,000 loan over 25 years. They factor in our fees associated with applying for the loan; our ongoing fees and our fees associated with leaving the loan. Our fixed loans roll to a variable principal and interest rate at the end of the fixed term. You can find all of our roll-to rates here. If the interest only period is not specified, the comparison rate is calculated on a one year period.
WARNING: The comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.