Five tools. One clearer comparison.
Choose the calculation that answers your next question. Compare repayments, offers, equity and switching costs using your own figures.
What would you like to understand?
Free to use. No account needed to calculate.
Choose your starting point
Each preview below shows the actual tool. Start with the full loan comparison, or choose a focused calculator for one part of the decision.
Home loan refinance calculator
Start here if you want an overall comparison of your current home loan and a proposed refinance.
Refinance LVR calculator
Use this before comparing a product with an LVR condition. The lender may use a different valuation.
How much can I refinance?
Use this to explore the relationship between value and debt. The result is not a loan approval or cash already available.
Compare two refinance offers
Use this when you have two quotes, including a retention offer from your current lender. Review features separately.
Refinance costs and break-even
Use this once you have a monthly saving estimate. It assumes that saving stays constant and does not automatically amortise financed fees.
Connect the results
For a straightforward switch, begin with the home loan refinance calculator. Use written rates and the same remaining term so a lower payment is not simply the result of spreading repayments over more years.
If the new balance includes extra borrowing, check the proposed LVR and usable equity estimate. Price the switch using actual quotes and keep costs added to the loan separate from costs paid upfront.
Use the two-offer comparison if you have competing quotes. Then compare the break-even estimate with how long you expect to keep the loan. Review features and lender requirements alongside the figures.
A useful estimate starts with good inputs
Use the balance you still owe, the years remaining, the actual rate offered and each fee’s frequency. Replace the tools’ illustrative defaults. If you are testing a different borrowing amount, keep that change visible when you compare repayments.
The main repayment tools model principal-and-interest loans using constant rates. They do not model changing offset balances, interest-only periods, tax outcomes or lender-specific fixed-rate break costs.
Equity and LVR estimates do not assess income or borrowing capacity. A calculation is not a loan offer, valuation or approval. Read the calculator assumptions and confirm loan terms with the lender.
Understand the answer
The guide library explains the calculations with Australian home loan examples, annotated screenshots and questions to ask before switching.
Continue exploring
Choose the calculator or guide that helps you understand your next refinance decision. Browse all calculators or explore the guides.
Compare your current loan with a new loan, including repayments, fees and payoff time.
Work out your loan-to-value ratio, equity and distance from 80% LVR.
Estimate your usable equity and the loan amount at your chosen LVR.
Compare two offers against your current loan, including fees and cashback.
Add up switching costs and estimate how long your savings take to cover them.
Refinance Calculator AU
