CALCULATORS
Refinance Savings Calculator
Estimate how your repayments may change when comparing your current loan balance, current rate, remaining term and possible new rate.
Key Takeaway
Refinance savings estimates do not include discharge fees, application fees, break costs or cashback offers. Use this calculator to explore scenarios, then get a full comparison from a broker.
What This Calculator Shows
This calculator estimates the difference between your current loan repayments and possible repayments under another interest rate. It is a guide only and does not include all lender fees, discharge costs, package fees, valuation costs or cashback offers.
When To Use This Calculator
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Fixed Rate Ending
Review options before your fixed rate reverts to a standard variable rate.
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Repayments Have Increased
Compare whether another lender or structure may suit your position better.
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Income Has Changed
Check whether a new lender may assess your income more favourably.
What To Review Before Refinancing
✓ Current rate
✓ Current repayments
✓ Remaining loan term
✓ Fixed or variable status
✓ Break costs
✓ Discharge fees
✓ New lender fees
✓ Property valuation
✓ Equity position
✓ Income assessment
✓ Future borrowing plans
Disclaimer: Calculator results are estimates only and are not loan approvals, quotes or financial advice. Actual results vary by lender, interest rate, fees, loan structure, income, expenses, property type and individual circumstances.
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Frequently Asked Questions
Is this refinance savings estimate exact?
No. It is an estimate only and does not include all fees, charges, cashback offers or policy differences.
Should I refinance just for a lower rate?
Not always. You should also review loan structure, fees, offset, redraw, future goals and lender policy.
Can refinancing help release equity?
Some borrowers refinance to access equity, subject to valuation, lender policy and serviceability.
Can refinancing affect my credit score?
A refinance application may involve a credit enquiry. The impact depends on your credit profile and application history.
How often should I review my loan?
Many borrowers review every 12 to 24 months, or when rates, income, equity or goals change.
Want A Proper Refinance Review?
Use the calculator as a starting point, then book a review so we can compare your current loan against lender options, fees, equity and structure.
Calculator results are estimates only and are not loan approvals, quotes or financial advice. Actual results vary by lender, interest rate, fees, loan structure, income, expenses, property type and individual circumstances.