Is it difficult? Mid 60s, have 3 properties, 50% LVR, ~400k remaining, ~15 years left, the rent covers principal, interest and outgoings - minus about $2-3k a year depending on mantainence etc. Live in PPOR paid outright. Combined income about $30k a year (50% of super payout phase, and 50% dividends). And that's with them paying... 5.6% with AMP! Asking for a friend. They're a bit rusted on, low motivation to switch, "we'll end up paying more tax!", "no one refinances for retirees" etc... so I will probably push for a broker, but wanted to give them a hand - cause my thinking is even saving a few K a year is pretty big over the remaining life of their loan! Any thoughts or experiences?