Refinance with People’s Choice for a chance to win $50K

Apply for a People's Choice Home or Investment Loan, and if you're approved and funded before 30 September 2025 you'll go in the draw to win $50,000 credited to your Home Loan.
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    • Refinance with a People's Choice Basic Variable Home Loan

      A competitive interest rate with no application or ongoing fees, and the flexibility to make extra repayments. Loan to Value Ratio (LVR) less than or equal to 70%^. New applications only. 

      See what refinancing with People's Choice could do for you by visiting our Refinance Calculator below, or you can apply now online, in branch, or by calling 13 11 82. 

      Apply Now   Refinance Calculator

    What is refinancing?

    Refinancing your home loan means replacing an existing home loan with a new one.

    If you find your current home loan is no longer suitable for you and your lifestyle, whether it's because your fixed loan term is ending or you want to change your interest rate, you can refinance to a home loan more suitable for your situation.

     

    Reasons to refinance your existing home loan:

    • To reduce your home loan repayments
    • Your fixed term loan is ending
    • You're planning to renovate your home
    • Your circumstances have changed and your existing loan is not suitable anymore
    • To consolidate your debts and simplify your finances
    • To get access to new loan features, such as an offset account
    • To use the equity in your home
    • To change your loan type to a fixed rate, variable rate or split rate loan

    Why refinance to People’s Choice?

    • Personalised service

      Here at People’s Choice we’re member owned, and that means we’re focused on helping you find the right home loan solution, with personal service available in branch, through our local contact centre, or our mobile Home Loan Advisers who can come to you.

    • FASTReFi®

      FASTRefi® is a process that reduces the time it usually takes to refinance your eligible loan, so you can enjoy the benefits of your new home loan sooner.

    • Loan flexibility

      Enjoy flexible repayment frequency - pay weekly, fortnightly or monthly. Plus, make unlimited extra repayments on variable loans, so you can pay off your loan faster. 

    • Free valuation for package loans

      Receive one valuation each year.

    • Offset account option for selected variable loans

      Link your loan and transaction account to help reduce the interest and time taken to pay off your loan.

    • No application fee on package loans

      Get into your dream home sooner. 

    Refinance calculator

    Use our online refinance calculator to see how much you could save by refinancing to People’s Choice.
    Refinance calculator

      Getting a property valuation

      If you’ve decided to refinance to People's Choice, then we’ll need to organise a valuation to confirm the current estimated market value of your home.

      There are a few different ways we can do this and it may include having a licenced valuer visit your home at a time that suits you. Your Home Loan Adviser can chat through the process in more detail. They'll help you every step of the way.

       

      Home loan fees and extra charges

      Don't get caught by surprise - it's important to be aware of extra charges you may need to pay, including:

      • Application fees
      • Settlement fees
      • Valuation fees
      • Stamp duty
      • Government mortgage registration fees
      • Exit fees
      • Early repayment fees

      Contact your current home loan provider to find out what fees are payable if you refinance your existing home loan.

      Ready to refinance?

      You can apply online or contact one our of Home Loan Advisers.
      Apply now
      Contact a Home Loan Adviser

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        Important to know

        • T&Cs, fees, charges, eligibility & lending criteria apply and are available here. Promotion commences 1 April 2025 and ends 30 June 2025. Loans must be funded by 30 September 2025. Only available to customers with no existing home or investment lending with us who are refinancing a loan from another lender. Full T&Cs are available here. SA Lottery License No T25/526. NSW Lottery License No. TP/04242. ACT Permit No. TP 25/00713. People's Choice Credit Union (People's Choice). Australian Credit License 244310.
        • An Offset account is optional and only available for Standard Variable Home and Investment Loans and Variable Home and Investment Package loans. $8 per month fee applies to the Standard Variable Home and Investment options.
        • You will receive one valuation each year (based on anniversary date) when you take out the Home Loan Package or Investment Loan Package or top-up a loan that forms part of your existing package.
        • $8 monthly administration fee applies if you choose to have an Offset account. An Offset account is optional and only available for Standard Variable and Variable Package loans.
        • Terms, conditions, fees, charges and lending criteria apply and are available on application.
        • ^Rates are current for new applications from 4 March 2025, with rates and discounts subject to change at any time. Members with an existing Basic Variable loan must increase their borrowings by an amount that increases their Basic Variable loan to an amount greater than $150,000. No Offset Account allowed. Rate subject to Loan to Value Ratio (LVR) criteria at time of application.
        • *The comparison rate is for a loan of $150,000 over 25 years. WARNING:This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.