Refinancing & Mortgage Strategy

Q: What's the difference between refixing, restructuring, and refinancing?

Think of it like this... Refixing is when you stay with your current bank. Just locking in a new interest rate. Like renewing your vows. Restructuring? Can still be with your current bank. But you're changing how the loan works. Maybe switching from fixed to floating or a mixture of both with an offset account. Rearranging the furniture. Refinancing is the big move. You're taking your entire mortgage to a new lender.

Your mortgage is your most powerful financial tool. Lets make sure you’re using it to its full potential. Whether your fixed rate is ending or your lifestyle goals have changed, we’ll help you map out a plan that reduces interest costs and accelerates your path to financial freedom.

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Simplify your refi journey

Grab a rate and strategy you're stoked with. We'll make it simple every step of the way.

Review current loan & Identify your goals
Choose your new rates & loan structure
Apply for your new loan

A small review can make all the difference in how your mortgage works for you.

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Mortgage repayment calculator

Find out what your mortgage repayments could be. Play with loan amounts, rates and terms to see what fits your budget

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Equity Calculator

Find out how much cash you could have sitting in your property to use for renovations, buying an investment or paying off higher interest loans.

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Refinance calculator

Compare your current mortgage rate against the latest offers from New Zealand lenders. Discover how much you could save each month and over the life of your loan.

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Free mortgage review

We will look over your current lending, help identify your goals and craft a mortgage that makes sense.

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Disclaimer: These rates are updated hourly but may not always reflect real-time changes. Rates shown are for reference only and may include special conditions, LVR requirements, or eligibility criteria. We recommend confirming current rates directly with your lender or mortgage adviser before making any decisions.

Refinance FAQ's

Don't see your question here? Contact us today and we would love to get back to you.

What's the difference between refixing, restructuring, and refinancing?

Think of it like this...

Refixing is when you stay with your current bank. Just locking in a new interest rate. Like renewing your vows.

Restructuring? Can still be with your current bank. But you're changing how the loan works. Maybe switching from fixed to floating or a mixture of both with an offset account. Rearranging the furniture.

Refinancing is the big move. You're taking your entire mortgage to a new lender.

Why would I refinance instead of just staying with my current bank?

The obvious one? A better interest rate (Even a small drop adds up).

But there's more...

Cash-back bonuses. Some banks offer .5% to 1.5% of your loan amount. On a $500k mortgage, that's up to $7,500 in your pocket.

Maybe you want to consolidate high-interest debt. Roll those credit cards into your mortgage at a lower rate.

Or... you're dreaming of a new kitchen. One that doesn't look like it's from the 70s and want to access some equity.

Refinancing isn't just about rates. It's about making your mortgage work best for you... right now.

What does refinancing actually cost?

A few things to factor in.

Legal fees. Break fees if you're leaving a fixed-rate early. Maybe a valuation fee. Sometimes application fees.

Here's the thing though...

Many banks offer cash-back bonuses that can cover most (or all) of these costs. So you might not be as out-of-pocket as you think.

How does it work?

Refinancing is very similar to getting a mortgage to buy a home.

Talk to your mortgage adviser, they'll help identify your current goals and let you know what kind of rates, strategies and loan types are available for your situation.

You'll provide documents and your mortgage adviser will help you apply for your desired loan.

Hear from home owners who chose Cooper

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★★★★★

"Communication was Epic, Efficient and Fast!"

Couldn’t recommend Michael and the team at cooper mortgages more highly. Communication was epic, they were efficient and fast and really helped us out of a bind. Won’t be going anywhere else!

— Josh Sanford

★★★★★

"Amazing to Work With!"

Michael was amazing to work with! He guided us through the whole process and made it as easy on us to make decisions as possible. We will definitely be going to him again in the future!

— Michael Healy

★★★★★

"Smooth and Stress-Free Process"

I just want to give a huge thank you to Cooper Mortgages for making the mortgage process so smooth and stress-free. Your expertise, guidance, and responsiveness made all the difference, and I truly appreciate all the effort you put into helping us find the right solution. Highly recommend!

— Douw Van Vuuren

★★★★★

"Highest Recommendation - Made Me Feel Heard"

Cooper Mortgages comes with my highest recommendation. I found the bank difficult to work with and unwilling to see me for more than a number. Michael made me feel heard and provided clear communication and the result I was hoping for.

— Joe Youssef

★★★★★

"Lending Advice Was Simply the Best!"

In our recent Refinancing, Michael of Cooper Mortgages provided great customer service and was brilliant at communicating with us and keeping everyone in the loop at all times. He responds quickly and clearly. He works tirelessly on our behalf and is patient with us in explaiing the options and details. He looked at all alternatives and advised us of the pro's and con's of each one to ensure we had options and made the best financial decision. His lending advice was simply the best! We would highly recommend Michael as the best Mortgage Broker we have ever used or come across and we will be referring him to all our family and friends.

— Marc Fisk

★★★★★

"Outstanding Experience - Secured the Best Loan"

We had an outstanding experience working with Michael as our mortgage broker. From start to finish, he went above and beyond to secure the best possible loan for us. His professionalism, deep knowledge of the process, and constant communication made a typically stressful experience feel smooth and manageable. Michael was always available to answer our questions and took the time to explain every step, ensuring we felt confident and informed throughout. Thanks to his hard work and dedication, we secured the loan we needed — and we couldn't be more grateful. Highly recommended!

— Raghbendra Rana

★★★★★

"Hassle-Free Exchange for Investment Journey"

I brought two homes using Michael as my mortgage brooker and without a doubt, I will continue to use him in the future. Thank you Michael for a hassle free exchange and for making my investment journey easy and enjoyable 😊 definitely AAA+++

— Arihia Tito

★★★★★

"Amazed by Communication and Customer Service"

We recently worked with Micheal and were absolutely amazed by his communication and customer service with us. He provided valuable lending advice customised to our needs and guided us through the entire process. He made every little step less stressful for us and we would highly recommend him to anyone wanting to take this journey! Thank you again Michael!

— Alannah Hendren

★★★★★

"Got the Best Deal Available"

Michael was great to deal with and got the best deal available at the time for me to refix my mortgage. I was a bit hesitant of changing banks after being with Westpac for 40 years but they offered absolutely no incentive or weren’t even interested in trying get me to stay with them. Michael recommended some good rates at Kiwibank and although the savings were minimal, the lack of service from Westpac made this decision very easy. Michael answered any questions I had and made this process which I thought could be a bit overwhelming very easy and was also very easy to get in touch with which was great! Would definitely recommend getting in touch with Michael for any of your mortgage or lending requirements.

— Darren

★★★★★

"Efficient, Helpful, and Great Deal"

I really enjoyed working with Michael. He was efficient, helpful and assisted me in getting a great deal, also ensuring a smooth process. I have used Michael in the past for lending and I will definitely do this again in future. Great customer service and helpful advice and easy to deal with. 10/10 would recommend.

— Chelsea Stevens