Refinance break-even check

General information only — not personal financial advice.

Refinance playground

Your refinance savings

Enter your loan — see monthly and lifetime interest upside, then book a review or email your PDF plan.

Your refinance upside

You could save $193/mo by refinancing at this rate — $11,601 over the next five years.

That is $51,042 less interest over your remaining term vs staying put. I will shortlist lenders and lodge term-for-term on your file.

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Your plan

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  1. Numbers
  2. Compare
  3. Decision
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Example scenarios

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What this means for you

  • Save $193 per month
  • Save $11,601 over 5 years
  • Break even after 19 months
  • Could reduce interest by $51,042
  • Potentially pay off your loan earlier with the same repayment

Your refinance opportunity score

92fit score

Excellent refinance opportunity

Based on your rate gap, monthly saving, break-even timing, and lifetime interest upside. Illustration only — not a credit decision.

Your monthly saving

$193/mo

Five-year upside: $11,601. Lifetime interest saved: $51,042.

Market rate band

Indicative new-customer band on your balance: 5.85% – 6.20% ($95$225/mo). Not an offer — illustration only.

ScenarioMonthlyTotal interest
Current loan$4,118$507,036
Refinance at new rate$3,924$455,994

Comparison

Hover or tap a bar to highlight — amounts shown on the right and in the callout below.

Interest saved vs current loan: $51,042 (10.1% less)

Total interest — current loan$507,036
Total interest — after refinance$455,994

Cumulative savings (60 months)

If the monthly difference stayed steady, saved cash flow stacks roughly along this slope — before tax, offset use, or price changes.

0 mo30 mo60 mo

$12k cumulative over 60 months (illustrative)

92

Refinance score

Excellent refinance opportunity

Loan basics
Loan term

$193/mo saved — book a review