Refinance Savings Calculator
Enter your current loan and rate, then a comparison rate, and see the monthly and lifetime difference. If the numbers look good, our free review confirms them against real lender pricing — including cashbacks and switching costs.
Monthly saving
$279
Comparison of principal & interest repayments over the same remaining term. Excludes switching costs and cashbacks - our free review includes both.
FAQs
Good to know
What costs are involved in refinancing?
Typically a discharge fee from your current lender plus government fees — often $500-$1,000 total. Cashback offers frequently exceed these costs entirely.
How do I find out my current interest rate?
Check your loan statement, banking app, or ask your lender. A surprising number of people are shocked by the answer — rates drift up quietly over time.
When is refinancing not worth it?
When savings are tiny, your loan is nearly paid off, break costs on a fixed rate outweigh gains, or your circumstances have changed in ways that limit options. We'll tell you honestly either way.
Can I refinance and keep my repayments the same?
Yes — and it's a powerful strategy. Keep paying your old repayment at a lower rate, and the difference attacks your principal directly, shortening the loan.
Get Started With Your Complimentary Strategy Session
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