Simplify Your Finances
Juggling multiple debts with different interest rates and repayment dates? Dahiya Mortgage & Finance helps clients across Frankston, Lyndhurst, and Melbourne consolidate their debts into one manageable payment, often at a significantly lower interest rate.
Key Benefits
Our Debt Consolidation Process
Debt consolidation involves combining credit cards, personal loans, car loans, and other debts into a single loan — ideally at a lower interest rate. This simplifies your finances and can save you thousands in interest.
We analyse all your existing debts, compare consolidation options, and recommend the best strategy. Sometimes refinancing your home loan to include debts is the most cost-effective approach; other times a separate consolidation loan works better.
Debt Analysis
We review all your existing debts to calculate total interest costs and find savings opportunities.
Strategy Planning
Custom consolidation strategy — whether through your mortgage, personal loan, or hybrid approach.
Rate Reduction
Moving high-interest credit card debt (18-22%) to a lower-rate consolidated loan can save thousands.
Budget Support
One simple repayment makes budgeting easier and helps you stay on track to becoming debt-free.
Debt Consolidation Across Melbourne
Frequently Asked Questions
In most cases, yes — especially if you're carrying credit card debt at 18-22% interest. Consolidating to a lower-rate loan typically saves significant interest over time.
Yes, if you have sufficient equity. This often provides the lowest rate, but keep in mind you'll be extending the debt over a longer term. We'll calculate if this makes sense.
Initially there may be a small impact from the new application, but over time, consolidation often improves your credit score as you manage one regular payment instead of multiple.
Take control of your finances.
Speak with Sunil Dahiya and the team. No obligations, just honest advice.