Should You Review Your Home Loan?
If your home loan is ticking along and repayments feel manageable, it’s natural to wonder whether reviewing it is really necessary.
After all, if nothing seems wrong, why change anything?
The reality is that many homeowners don’t review their loan because there’s a problem — they review it because circumstances change, markets move, and loans don’t automatically keep up.
If Everything Feels Fine, Is a Review Still Worth It?
This is one of the most common questions homeowners ask.
The short answer is yes — because home loans don’t quietly improve over time. In fact, lenders often reserve their best rates and features for new customers, while existing loans stay exactly where they are.
Without a review, you could be paying more interest than necessary without realising it.
Has Your Life Changed Since You Took Out Your Loan?
Think back to when you first applied for your mortgage.
Your income, expenses, and goals were probably very different. Many people earn more now, manage money differently, or have new priorities — yet they’re still using the same loan structure chosen years ago.
If your life has changed but your loan hasn’t, a review is worth considering.
Could Small Improvements Make a Big Difference?
A loan review doesn’t need to uncover a dramatic rate cut to be worthwhile.
Even small changes — such as a lower rate, reduced fees, or better features — can add up to significant savings over time.
A review helps identify whether there’s room to improve cash flow or reduce long-term interest.
Are You Missing Out on Better Loan Features?
Many older home loans lack features that modern borrowers rely on.
Offset accounts, flexible repayments, and better online tools can make a meaningful difference to how efficiently you manage your loan.
A review can highlight whether your current loan still stacks up against what’s available today.
Has Your Borrowing Capacity Changed?
If your income has increased or your property has grown in value, your borrowing capacity may be very different to when you first applied.
Reviewing your loan can reveal whether your current structure is supporting or limiting future options — such as upgrading, renovating, or investing.
Will Your Bank Tell You If You’re Overpaying?
Many homeowners assume their bank will reach out if a better deal becomes available.
In reality, banks rely on customers staying put. As long as repayments are made, there’s little incentive for lenders to suggest a review.
That’s why reviewing your loan is usually something you need to initiate yourself.
What’s the Real Benefit of Reviewing Your Loan?
One of the most valuable outcomes of a review is clarity.
Knowing whether your loan is competitive and well-structured removes the uncertainty of wondering if you’re paying too much or missing out.
Sometimes the answer is that your loan is already doing its job — and that confidence alone is worth the review.
Should You Review Your Home Loan With Chase?
A home loan review should be straightforward and pressure-free.
Chase Douglas has extensive experience in mortgage lending and helps homeowners understand whether their current loan still suits their situation — and what options exist if it doesn’t.
Chase looks at your rate, loan structure, features, and future goals, then explains everything clearly so you can make an informed decision.
So — Should You Review Your Home Loan?
If it’s been more than 12–24 months since your last review, the answer is probably yes.
You don’t need to commit to anything — you just need clarity.
👉 Book a home loan review with Chase Douglas and find out whether your mortgage is still working for you — or whether it’s time for a better fit.
A short conversation today could make a long-term difference.
