With Australian interest rates having risen significantly, many borrowers are now on rates well above the market. This calculator shows you the monthly and total savings from refinancing, and how long it takes to recoup the switching costs.
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Refinance Results
Current Repayment
$2,878/mo
New Repayment
$2,626/mo
Monthly Saving
+$252
Total Saving (after costs)
$73,608
Break-Even Point
8 months
Results are estimates only. Actual savings depend on lender fees, exit costs, and loan features. Speak to Atish for a detailed refinance assessment.