Current loan details

$
%
years
$
$

New loan details

years
%
%
$
$

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Scenario 1: Not Refinance

Weekly repayment $835.83
Total interest & fees $369,764

Scenario 2: Refinance and minimum repayment

Weekly repayment (Intro term) $703.03
Weekly repayment $793.47
Total interest & fees $320,510
Total saving over the life of the loan $48,754

Scenario 3: Refinance and higher repayment

Weekly repayment (Intro term) $835.83
Weekly repayment $838.14
Total interest & fees $280,372
Time saved 2 years
Total saving over the life of the loan $88,892

Note: This calculator provides estimates for comparison purposes. Actual savings may vary based on your specific circumstances, lender policies, and market conditions. We recommend consulting with a mortgage broker before making refinancing decisions.