Debt Consolidation
Perth
Roll credit cards, personal loans and car loans into one repayment at home-loan rates — and breathe again.
One
Repayment, at home-loan rates
Is this you?
You're juggling multiple repayments — cards, a personal loan, maybe a car — and it never seems to shrink.
The interest rates on your cards are 20%+ while your home loan is a third of that.
You're making every payment but there's nothing left over, and it's wearing you down.
You want one repayment, one date, one number you can actually manage.
Sound familiar? A free 15-minute chat is the fastest way to see your options — book one here.
How TAG helps you consolidate
One repayment instead of five
We refinance your home loan to absorb your other debts. One lender, one date, one repayment — usually hundreds of dollars a month lower than the combined total.
Card rates become home-loan rates
Credit cards charge around 20% interest; home loans are far lower. Moving that debt can cut the interest cost dramatically from day one.
A plan, not just a patch
Stretching a $20,000 card debt over 30 years costs more in the long run even at a lower rate. We structure the consolidated portion so you can knock it out fast — and show you the honest numbers both ways.
Judgement-free, always
Life happens — a job change, a divorce, a rough year. Our brokers have seen it all and are here to fix it, not to lecture.
What can be consolidated
Credit Cards
Usually the most expensive debt you hold — rates around 20% become home-loan rates.
Personal Loans
Fixed personal-loan repayments fold into the single new repayment.
Car Loans
Vehicle finance can be paid out and absorbed, freeing up monthly cash flow.
ATO & Other Debts
Tax debts and some other liabilities can often be included — ask us.
How consolidation works
List
We map every debt: balances, rates, repayments. Ten minutes, honest picture.
Model
We show your new single repayment and total cost, side by side with today.
Refinance
The new loan pays out your debts directly. Cards get closed or cut down.
Recover
One manageable repayment, and a plan to clear the consolidated debt fast.
Run your numbers
Indicative variable rates as at 19/07/2026: 5.80%–6.20%.
Estimated Saving
$2,896/yr
- Current repayment
- $3,748/mo
- New repayment
- $3,507/mo
- Monthly saving
- $241
Estimate only — not a formal assessment or loan offer. Results use simplified assumptions; your actual position depends on your full circumstances. Speak to a TAG broker for a free, personalised assessment.
What is debt consolidation, exactly?
Debt consolidation means combining several debts into one — usually by refinancing your home loan and adding the balances of your cards and personal loans to it, then paying those lenders out.
The win is the rate gap: unsecured debt (cards, personal loans) costs vastly more than secured home-loan debt. The trap is the timeline: home loans run for decades, so a small debt spread over 30 years can cost more in total despite the lower rate.
The fix is structure: we typically set the consolidated slice up so it's paid off in a few years, not thirty — keeping both the monthly relief and the long-run saving.
Consolidating short-term debt into a long-term loan can increase the total interest paid over the life of the loan if repayments aren't structured to clear it quickly. We show you both numbers before you decide. General information only — your full circumstances matter.
Proof, not promises
Credit cards charge roughly 4–5× typical home-loan interest rates.
“Five-star service from all involved... I know my needs are never straight forward and you guys always have great patience and persist.”
“They go above and beyond to help and make the entire process easy and hassle free!”
Common Questions
How does debt consolidation actually work?
Your home loan is refinanced to include the balances of your other debts — the new lender pays out your cards and personal loans directly, and you're left with one repayment at home-loan rates. Most consolidations settle within 2–4 weeks of applying.
How much lower will my repayments be?
Often hundreds of dollars a month. Card and personal-loan rates around 15–20% become home-loan rates, and the repayment is spread differently. The exact figure depends on your balances — we model it for free and show you the before-and-after side by side.
Is debt consolidation a good idea?
It usually helps if you have equity in your home, the repayments are the problem rather than the income, and you're disciplined about not re-running the cards up. It can cost more long-term if the consolidated debt just rides along for 30 years — which is why we structure it to be cleared fast.
Can I consolidate if my credit score has taken a hit?
Often, yes. Missed payments narrow the lender pool but don't empty it — specialist lenders exist for exactly this situation, and consolidating usually improves your score over time by replacing many accounts with one well-managed loan. The sooner it's addressed, the more options you have.
Do I have to close my credit cards?
Lenders usually require the cards you're consolidating to be closed or have their limits slashed — and honestly, that's the point. Keeping a card 'for emergencies' with a $20,000 limit is how consolidations fail. We'll help you keep a sensible small limit if you want one.
What does it cost to consolidate?
Typically just standard refinance costs — around $300–$700 in discharge and government fees. There's no fee for our service on home-loan consolidations; the lender pays us. The free assessment shows every cost before you commit to anything.
Keep reading
One repayment. One plan. Free assessment.
Ten minutes to map your debts, 24 hours to a clear answer. Completely confidential.
The information on this page is general in nature and doesn’t take into account your objectives, financial situation or needs. Consider whether it’s appropriate for your circumstances before acting on it. TAG Financial Group — Transact Holdings 1 Pty. Ltd., Australian Credit Licence 405647. Our Credit Guide explains how we’re paid and how we work for you.