The Mortgage Fitness Check: Is Your Home Loan Out of Shape?
Don't worry. We're not going to hook you up to a machine, slap some electrodes on your chest, and have you run on a treadmill. This kind of fitness check is far more comfortable — and the results could save you tens of thousands of dollars.
Most people set their mortgage and forget it. But a home loan isn’t a "one and done" decision. Over time, your loan can become "unfit"—interest rates creep up, new features become available, and your own life goals change.
At LenderEdge, our Mortgage Fitness Check isn’t a sales pitch. It’s a cold, hard look at whether your current lender is still earning your business.
The 4 Signs Your Mortgage is "Unfit"
If any of these sound familiar, you’re likely overpaying:
The "Loyalty Tax": You’ve been with the same lender for more than 2 years. Banks often offer "honeymoon rates" to new customers while slowly hiking rates for their loyal ones.
The Wrong Features: You’re paying for an offset account you don’t use, or you need a redraw facility you don’t have. Why pay for "platinum" features if you only need the basics?
Stagnant Equity: Your property value has gone up, but your interest rate hasn’t gone down. Higher equity usually means lower risk for the bank—and it should mean a lower rate for you.
Lifestyle Mismatch: Your income has changed, you’re looking to renovate, or you’re thinking about an investment property. Your current loan might be "locked in" in a way that prevents you from moving forward.
What We Look For
We run your current loan through a stress test to see how it stacks up against the current market:
Rate Comparison: How does your current "Special" rate compare to what’s actually available today?
Fee Audit: Are monthly or annual fees eating away at your progress?
Structure Check: Is your loan set up for your current financial situation, or the one you had five years ago?
The "Stay vs. Go" Math: We calculate exactly how much you’d save by switching, minus the costs of refinancing, so you can see if the move actually makes sense.
⚠️ Our Transparency Guarantee
We won't tell you to refinance just for the sake of it.
If your current loan is actually the best fit for your situation, we’ll tell you to stay put. In fact, sometimes the best result of a Fitness Check is the peace of mind knowing you’ve already got a great deal. If that’s the case, we’ll give you a "Clean Bill of Health" and check back in a year.
Get Your Results within 24 hours
A Mortgage Fitness Check doesn't require a mountain of paperwork. We just need a few basic details about your current loan and your goals. Then we run those numbers to see how things stack up against the market.
Ready to see how much you can be saving?