Home Loan Refinance Break-Even Calculator
Compare the current loan with a proposed refinance using balance, rates, terms, fees, cashback and expected holding period.
Your assumptions
Comparison
Enter your figures and calculate. Results are estimates, not a quote or credit decision.
How to use the result
Break-even is driven by interest saved on the declining balance, not simply the rate gap multiplied by today’s balance.
A lower repayment caused by resetting the term is not the same as a saving. Compare lifetime or chosen-horizon cost.
Read the calculation methodology and assumptions.
If the numbers justify a closer look, send the transaction details for an initial broker review.
Check whether refinancing stacks upGeneral information only. Calculator results are estimates and do not account for every fee, tax outcome, contract feature or lender rule. Finance approval and pricing are subject to lender assessment.