Switching your home loan to a new lender can be complicated and the exit fee will depend on the type of loan you have. There is a fair amount of paperwork involved and hundreds of prospective new loans to choose from. This can make seem daunting ? but get an Aussie Broker on board and they'll do the hard work for you, helping you understand your choices and whether switching will make a difference to you over the life of the loan.
This is part of your free appointment with an expert Aussie broker.
Don't forget, switching lenders has recently been made easier, with the federal government banning exit fees for all home loans settled after July 2011.