Refinance Calculator

Compare your current loan with a refinance offer to see potential savings.

Current Loan Details

Current Outstanding Balance:

Current Annual Rate (%):

Remaining Tenure (Years):

New Annual Rate (%):

New Loan Tenure (Years):

Refinancing Costs (Optional):

Enter your current outstanding loan balance, current annual interest rate, and the remaining tenure in years for your existing loan.
Enter the new annual interest rate and the new loan tenure (in years) offered for refinancing.
Enter any estimated costs or fees associated with refinancing (optional, enter 0 if none).
Click the 'Calculate Refinance Savings' button.
The results compare your current and new estimated monthly payments, show monthly savings, total interest saved, net savings after costs, and the approximate time to break even on the costs.