Why More Aussies Are Prioritising Debt Freedom
With interest rates stabilising but property prices still high, many homeowners in 2025 are shifting focus: not just managing a mortgage but working to eliminate it early. Here’s how Australians are accelerating their path to financial freedom.
Key Strategies to Pay Off Your Home Loan Faster
1. Extra Repayments
Even small additional repayments can cut years off your loan. Look for loan options that allow fee-free extra payments.
2. Refinancing to Lower Rates
Switching to a better rate or restructuring your loan can reduce your interest costs significantly.
Use our Refinance Calculator to see how much you could save.
3. Utilising Offset Accounts
An offset account reduces the interest you pay without locking away funds — giving you flexibility and savings in one.
4. Shortening Loan Terms
If you can afford higher monthly repayments, choosing a shorter loan term reduces total interest and clears debt faster.
Why It Matters
Paying off your mortgage sooner can:
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Save tens of thousands in interest
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Increase financial security
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Free up income for retirement, travel or investments
Join the Movement: The Mortgage-Free 42K Challenge
Our Mortgage-Free 42K Challenge combines financial and physical fitness. Track 42 kilometres while learning how to reduce your mortgage faster.
Complete the challenge to unlock a free personalised finance check. Eligible participants may also qualify for a $1,000 cashback when settling a new qualifying home loan with us.
(Terms and conditions apply.)
Take Action Today
Use our Refinance Calculator to see how much you could save.
Or Book a Call to get your mortgage freedom strategy started.