Home Loans

Mortgage Switching Calculator (Australia)

Should you refinance? The calculator compares your existing loan against a new lender's rate, factoring in discharge fees, government title-transfer fees, new loan establishment fees and break costs if you're leaving a fixed rate. Returns total saving over your chosen analysis period and the payback period — how long until interest savings cover the switching cost.

Mortgage Switching
Work out if switching lenders or products is worth the cost.
$
25 yr
yr
%
%
$
Current Monthly
$2,827.12
New Monthly
$2,638.68
Monthly Saving
$188.44
Break-Even
11 months
Net Saving Overall
$54,532
These results are indicative estimates only. They do not constitute financial advice. Actual repayments, costs, and savings may vary. Always verify with a licensed Australian mortgage broker.