Mortgage switching calculator
Compare your current loan to a new one and see whether refinancing is worth the switching costs.
General information only. This calculator provides general information based on the figures you enter. It is not personal financial, credit, tax or legal advice and does not consider your objectives, financial situation or needs. By using this calculator you acknowledge the results are general in nature. Read our editorial guidelines.
Your details
Results
- Monthly saving
- $169.26
- Break-even
- 8 months
- Current monthly repayment
- $3,038.43
- New monthly repayment
- $2,869.17
- Saving over remaining term
- $49,578
Estimates only and general in nature. Not personal financial, credit, tax or legal advice. Confirm figures with your lender, accountant or the relevant state revenue office before making a decision. See our Disclaimer, Conflicts of Interest and How we get paid.