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Indra

7 months ago

Dear Khem, I believe it is reasonable to speak to your lender and negotiate a lower rate there. Considering the costs outweigh any saving. If you have any more questions, please check my page. Kind Regards Indra

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Veronica

8 months ago

Hi Khem, Due to changes in your income I can get you a cheaper rate at Bankwest at the moment to assist you at your current situation. Once circumstances change we can look at refinancing to a lower rate with a different Lender. If you would like my assistance please look at my profile, will be happy to assist you. Veronica Pavlovich

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Guido

8 months ago

Hi Khem To give you a correct answer I would be in need of more information, however A refinance could be difficult as you income appears to be weak. The question is, does your wife has paid, or unpaid maternity leave? How much is your outstanding mortgage amount? I would recommend that you ring Bank West customer service and ask if you could change to a fixed rate and the interest rate, as this will be the most cost-efficient solution for you. Of course, you could contact me via the broker finder, and I could do it for you. All the best

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Michael

8 months ago

Hello Khem, there are some variables in your situation that need to be clarified before we can give you a solid answer; Is your wife on paid/ unpaid maternity leave? How much do you owe? Based off income and household situation it may be challenging to seek an out of bank option, there are some small improvements that may be made on your interest rate, but a better understanding of your situation is required first.

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Tania

8 months ago

I could go to your lender and get some fixed rate options for you. Sometimes these are a cheaper option. Your income will make it difficult to refinance at present. Tania Busch

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Nicholas

8 months ago

Hi Khem, it might be worth asking me to go and speak to your lender and try to negotiate a lower rate there. considering the costs involved might outweigh any saving and your income might create an issue in an attempt to refinance. you can get in touch with me via hashching. Nick Harper

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