When refinancing to a better deal here are some key areas to consider:

• What is my current position and repayment
• How much will I save
• Will a shorter loan term to reduce interest further
• Access equity from current property
• What are the associated fees
• What are the short term and long term savings
• How much lower are my repayments
• How does it help me pay my loan off quicker
• How does it assist my budget
  
  

When purchasing a property here are some key areas to consider:

• Stamp duties and fees
• Deposit contribution required
• Lenders Mortgage Insurance fee
• Building and Pest Inspection
• Conveyancer / Property Solicitor
• Insurance – home and contents or landlord
• Moving/relocating costs