Jose Poly
Director & Mortgage Broker
- First home buyers
- Refinancing
- Investment lending
Debt Consolidation
One repayment, a clear way forward
Juggling a credit card here, a car loan there and a buy-now-pay-later balance on top is expensive and exhausting — high rates, multiple due dates, and no sense of progress. Consolidating debts into your home loan or a single facility can cut the interest and simplify life. Done badly, it just stretches short debts over thirty years. We do the maths honestly and structure it so you actually get ahead.
Who this is for
- Homeowners carrying credit card or personal loan balances alongside a mortgage
- Borrowers with multiple repayments who want one predictable payment
- Families whose repayments are manageable individually but painful together
- Anyone paying double-digit rates on debts a home loan could absorb
The usual sticking points
High-rate debt compounds fast
Credit cards and personal loans commonly charge several times a home loan rate. Minimum repayments barely move the balance.
Consolidation can quietly cost more
Rolling a five-year car loan into a thirty-year mortgage lowers the repayment but can increase total interest — unless the structure caps the term on the consolidated portion.
Missed payments limit your options
If repayments are already slipping, credit-file marks narrow the lender pool. Acting early preserves the good options.
How Influx helps
What we actually do about it
A genuine before-and-after comparison
We show your current total repayments and interest against the consolidated position — including fees — so the benefit is provable, not assumed.
Structure that gets you ahead
Where possible we structure the consolidated portion to be paid down fast — via a split with a shorter term or directed extra repayments — so short debts don't become thirty-year debts.
No judgement, just a plan
Life happens. We've helped clients through job changes, separations and business downturns. The conversation is confidential and practical.
Step by step
How the process runs
You'll know what's happening at every stage — this is the map.
- 1
Debt snapshot
Every balance, rate and repayment listed in one clear picture.
- 2
Options analysis
Consolidate into the mortgage, a separate facility, or negotiate as-is — compared honestly.
- 3
Lender selection
Matched to your equity, credit history and income.
- 4
Application & payout
We manage the payout of each old debt directly at settlement.
- 5
Get-ahead plan
A repayment plan so the consolidated debt shrinks instead of stretching.
Worth knowing
Key considerations before you start
- Consolidating extends the term on short debts unless the structure deliberately prevents it.
- Closing paid-out credit cards matters — keeping them open often leads back to the same position.
- Consolidation uses home equity; your home secures more debt than before.
- If repayments are already in arrears, talk to us early — options shrink as defaults appear.
The information on this page is general in nature and does not take your personal objectives, financial situation or needs into account. Consider whether the information is appropriate for your circumstances and seek advice before acting on it. Lending criteria, fees and charges apply to all loan products.
FAQs
Debt Consolidation questions, answered
Will consolidating save me money?
Usually the interest rate drops substantially, but the total cost depends on how fast you repay the consolidated amount. We structure and compare it so the saving is real over the life of the debt, not just in the monthly repayment.
Can I consolidate debts into my home loan?
If you have sufficient equity and can service the combined loan, yes — this is the most common approach. Lenders typically limit how many debts and what types can be consolidated, which is where lender choice matters.
Will consolidation fix a bad credit score?
Not directly, but it can stop the bleeding — fewer accounts, on-time payments and lower utilisation all help your file recover over time.
What if I don't own a home?
Non-homeowner options include personal consolidation loans at rates between cards and mortgages. Whether that helps depends on your rates and balances — we'll tell you straight if it doesn't.
Your specialist
Who you'll be working with
Related services
Also worth a look
Refinancing
Is your home loan still competitive? Influx Financial compares refinance options across a wide lender panel and shows the real savings after costs.
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Tax returns, planning and business accounting through OneHQ Accounting — coordinated with your lending so both sides work together.
Learn moreHelpful reading
See your way out of the juggle
Book a confidential, free consultation and get a clear before-and-after picture of consolidating your debts.
Or send an enquiry and we'll call you back.