Refinance feasibility calculator.

Q: When does refinancing pay for itself?

Divide your switching costs by your monthly saving, that's the break-even point in months. If you'll hold the loan longer than that, refinancing is ahead from then on.

Q: What costs are involved in switching?

Typically a discharge fee from your old lender, application/valuation fees (often waived), and government registration, commonly $500–$1,500 all-up. Fixed-rate loans may add break costs; always get that figure first.

Would switching actually pay off? See your monthly saving, break-even point and net lifetime benefit.

Current loan balance

Current interest rate

New interest rate

Remaining term

Switching costs

Indicative estimate only, not a quote, loan offer or credit advice. Results use the figures you enter plus standard assumptions, exclude fees and charges, and government duties/concessions change. Any rate shown is one you set for comparison, not a rate we are offering. Your full financial situation needs to be considered before any loan offer. Ask us for exact numbers, it's free.

Estimated saving

$, /mo

saved per month

Break-even in: ,

Net benefit over remaining term: ,

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Good to know

Switching questions, answered.

When does refinancing pay for itself?

Divide your switching costs by your monthly saving, that's your break-even in months. If you'll hold the loan longer than that, refinancing is ahead from then on. Most of the refinances we arrange break even within the first year.

What costs are involved in switching?

Typically a discharge fee from your old lender, application and valuation fees (often waived in refinance offers), and government registration, commonly $500–$1,500 all-up. On a fixed rate there may be break costs too; always get that figure first, and we'll check it against the benefit.

Like what the numbers say?

A free review with Sara turns the estimate into a real offer, most refinances complete within 1–2 weeks.

Start your enquiry Call 1300 718 852