WHY REFINCANCE YOUR BALLON PAYMENT?
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Lower Monthly Cost
Spread your balloon over new terms so you don't have to pay a lump sum upfront.
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Fast Approval Process
Most refinances are settled within 24 hours once docs are in.
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Keep the Car You Love
No need to trade in - keep driving and just update your loan.
What is a Balloon Refinance?
A balloon refinance lets you pay out the lump-sum amount that's due at the end of your current car loan - without selling your car or using savings.
You simply roll that balloon into a new loan with new terms, often at a lower rate.
Example: If your balloon is $18,000 after 5 years, you can refinance that balance into a 3-year loan and keep driving your car as normal.
HOW IT WORKS
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Tell us about your current loan
Share your existing lender, balloon amount, and a few quick details about your car. It takes less than 60 seconds - no credit hit, no paperwork upfront.
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Get matched with a lender for your refinance
We'll compare options across our panel of 65+ lenders to find the best rate and term to pay out your balloon and lower your repayments.
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Sign and drive - no dealer required
Once approved, your old car loan is paid out directly, and your new refinance starts straight away. You keep your car and your cash flow stays smooth.
