Refinance Savings Calculator

How Much Could You
Save by Refinancing?

Enter your current loan details and compare against a new rate. See exactly how much you could save per month and over the life of your loan.

Refinance Savings

Compare your current rate vs a new rate

$
Yrs
3%7.2%12%
3%6.2%12%
Monthly Saving
$0
Enter your details above
Current Monthly Payment$0
New Monthly Payment$0
Annual Saving$0
Total Saving (Life of Loan)$0

Estimate only. Break costs and loan fees not included. Speak to Finch for a full refinance analysis.

Is Refinancing Worth It?

As a general rule, refinancing makes sense if:

  • You can reduce your rate by 0.5% or more
  • Your monthly saving pays back any break costs within 12–18 months
  • You have at least 6+ months remaining on your current fixed term (or are on floating)
  • You have enough equity to access the new rate tier
Don't forget break costsIf you're breaking a fixed-rate loan early, your current bank may charge a break fee. Finch will calculate this for you and factor it into your true saving.

Ready to Refinance?

Finch handles the entire switch at no cost to you — lender negotiation, paperwork, and settlement coordination.

Start Free Refinance Review →