Calculator
Refinance Calculator
Compare a current loan against an alternative scenario, including costs.
Educational information — not personalised financial advice.
Refinance Calculator
Compare your current loan against an alternative scenario, including switching costs.
Monthly repayment difference
−$209
Lower monthly repayment in this scenario
Current repayment
$3,544/mo
Scenario repayment
$3,334/mo
Interest difference over term
$62,744
Less total interest
Break-even on costs
6 months
Educational information — not personalised financial advice.
Where this comes from: This compares two repayment scenarios only. It does not include break costs on fixed rates, lenders mortgage insurance on a new loan above 80% LVR, or any product features. Capital Route does not promise savings.
How this calculator works
This calculator compares your current loan against an alternative scenario, including estimated switching costs, and shows an indicative break-even point.
Assumptions
- Both scenarios assume a constant interest rate
- Switching costs are an estimate and vary by lender and loan type
- Break costs on fixed loans are not calculated and can be significant
Results are estimates for educational purposes and are not a lending decision, an approval or an offer of credit.
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