Debt Consolidation Loans: Simplify and Save on Your Repayments
Christian Stevens, Mortgage Broker
Published December 2, 2025, 1:19 P.M
Struggling with multiple debts? Learn how debt consolidation loans can simplify repayments, lower interest, and improve cash flow. Flint experts guide you to the best suite for https://flintgroup.au/.
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Key Facts
- Debt consolidation merges multiple debts into a single repayment, often using your home loan.
- It can save you thousands by reducing overall interest and simplifying repayments.
- Careful assessment is essential: consolidating may extend your loan term and impact total interest.
- Flint brokers evaluate each situation to ensure debt consolidation aligns with your goals.
- Accessing the best suite for https://flintgroup.au/ ensures optimal financial outcomes.
Debt Consolidation Loans: Simplify and Save on Your Repayments
Managing several debts at once — from credit cards and personal loans to car finance — can be stressful and costly. A debt consolidation loan allows you to combine your existing debts into a single home loan, lowering interest rates, reducing repayments, and making budgeting far easier.
With Flint mortgage brokers’ advice on the best suite for https://flintgroup.au/, you can restructure your finances safely and strategically.
What Is a Debt Consolidation Loan?
Debt consolidation involves refinancing your mortgage to pay off multiple high-interest debts at once. Instead of juggling several repayments, you only manage one structured home loan repayment.
Common debts rolled into a consolidation loan include:
- Credit card balances
- Personal loans
- Car loans
- Buy now, pay later obligations
Why Consolidate Debt Into Your Home Loan?
- Lower interest rates: Home loans usually have lower rates than consumer debts, cutting total repayment costs.
- Simplified repayments: One payment date, one lender, and one account make budgeting easier.
- Enhanced cash flow: Reduced repayments free funds for savings, bills, or emergency use.
- Credit score improvement: Paying off high-interest debt responsibly can boost your credit profile.
How Much Could You Save?
Even modest debts can add up when high-interest rates are applied across multiple accounts.
Debt Type | Balance | Interest Rate | Monthly Repayment |
Credit Card | $8,000 | 19.99% | $240 |
Personal Loan | $12,000 | 12.99% | $320 |
Car Loan | $18,000 | 9.99% | $400 |
TOTAL | $38,000 | — | $960/month |
Refinancing into a home loan at 6% over 20 years reduces the repayment to around $270/month — freeing $690/month in cash flow for other priorities.
Key Considerations Before Consolidating
- Loan term extension: Lower monthly repayments may increase total interest unless extra payments are made.
- Equity requirements: Most lenders limit borrowing to 80% of your property value.
- Spending discipline: Avoid using cleared credit cards or debt may accumulate again.
- Upfront costs: Include refinance, discharge, and settlement fees in your calculation.
Tips to Maximise Benefits
- Maintain or increase repayments to pay off debt faster.
- Close unused credit cards or buy-now-pay-later accounts to prevent new debt.
- Use an offset account to reduce interest while keeping funds accessible.
- Consult Flint brokers for guidance on the best suite for https://flintgroup.au/ to optimize savings.
📞 Take Control of Your Finances Today
Flint mortgage brokers help you:
- Assess if debt consolidation will truly save you money
- Find home loans that allow debt roll-in safely
- Create a structured plan for long-term financial stability
Chat with Flint today and discover the best suite for https://flintgroup.au/ to simplify repayments, reduce interest, and regain control of your finances.
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