See how much you could save by switching your loan.
Thinking about refinancing but not sure if it is worth it? Use our refinance savings calculator to estimate your monthly and lifetime savings, then book a quick chat with Jain Home Loans to confirm the best options available to you.
Refinance Review
Estimate your savings
Clear numbers before you make the switch
Compare Repayments
See your new estimated repayments against your current loan.
Project Interest Savings
Estimate the total interest saved over the life of your loan.
Pay Off Faster
See how a lower rate can shorten your mortgage term.
Check Real Value
Understand when refinancing may not make sense after costs.
This tool gives you a clear, no-jargon view before you take the next step.
How It Works
Refinance Savings Calculator
Enter your current loan amount, interest rate, and remaining term. Add your new proposed rate and instantly see the difference in repayments and savings.
This calculator provides a general estimate only. Actual figures depend on lender assessment and loan structure.
Current monthly repayment
$0
New monthly repayment
$0
Monthly saving
$0
Net lifetime interest saved
$0
Potential term reduction
0 years
- Access to 60+ lenders and special refinance cashback offers.
- Independent comparison focused on long-term savings.
- Advice on offset accounts, redraws, and rate locks.
- Clear disclosure of all refinancing costs upfront.
We will review your numbers and confirm whether switching truly benefits you.
A sample refinance result
Loan amount: $600,000
Remaining term: 25 years
Current rate: 6.5%
New rate: 5.85%
Monthly saving: about $220
Lifetime interest saved: about $51,000
Refinancing could save you over $2,600 per year, or shorten your loan by around 3 years if you keep the same monthly payment.
Common refinance questions
Do I need to pay any fees to refinance?
Usually just discharge and setup fees. We factor these into your savings estimate so you see the real benefit.
Can I refinance if I recently fixed my rate?
Yes, but a break fee may apply. We will calculate whether your potential savings still outweigh it.
How long does refinancing take?
Typically 2 to 4 weeks depending on lender and valuation turnaround.
Will refinancing affect my credit score?
Only minimally, and we pre-assess before lodging any application.
Can I refinance to access cash or equity?
Yes. Many clients refinance to release funds for renovations, investments, or education expenses.
Try the calculator, then let’s chat
Use the calculator below to estimate your savings, then book a call or Zoom session to confirm your exact refinance options.