Frequently Asked Questions

Refinancing involves switching your home loan to a new lender or product, usually to secure a better interest rate, features, or loan structure. This calculator estimates your potential monthly savings by comparing your current repayments with a new loan.

It compares three scenarios: no refinance, refinancing with the same repayment, and refinancing with a higher repayment.

It's a discounted interest rate offered for an initial period before reverting to the standard rate.

It shows estimated interest savings over the life of the loan. It does not include break fees or switching costs unless entered.

Yes. You can enter refinance costs, monthly fees, and end fees to get a more accurate picture.

It shows how much earlier you could repay the loan by refinancing and maintaining or increasing your repayments.

It's best suited for variable loans or fixed loans nearing expiry. Early exit fees for fixed loans may affect savings.

Yes, the bar graph visualises how much you could save or spend over time compared to not refinancing.

Not necessarily. The best option depends on your personal and financial goals. Speak with a broker first.