Mortgage Refinance Calculator
Use our refinance calculator to compare your current mortgage with new loan options and see if refinancing could lower your repayments or overall costs.
With our home loan
You can save up to
$2,345
per month
That's a savings of up to
$2,345
The home loan refinance calculator is a guide based on the information you have input. The results are not guaranteed and do not form part of a loan approval or guarantee to be eligible to refinance. Conditions apply to all loans and are subject to lender approval and assessment. Interest rates are a guide and may change on a daily basis. Final interest rates, savings and full terms and conditions and fees are in a lender’s loan offer after credit assessment.
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We may be able to get a better rate
Apply below to see what options we have available.
How Can a Refinance Calculator Help?
Refinancing your mortgage can help lower your repayments, reduce your interest rate, or free up funds for other goals like renovations, investing, or paying off other debts faster. Our refinance calculator gives you a quick snapshot of what’s possible by using your current loan details to estimate potential savings. It’s simple to use and only takes a few minutes.
Whether you’re thinking about switching lenders, adjusting your loan term, or accessing equity, this tool helps you weigh up the benefits before making a move. Once you see your estimated savings, we’ll guide you through the next steps, from checking your eligibility to comparing loan options that actually suit your situation.
No confusing jargon. No hidden catches. Just clear, practical steps towards a better home loan.
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The Benefits of Refinancing
Why Refinance?
- Save time and money when you work with Borro™ to obtain asset finance
- Get your business the tools it needs to succeed without the upfront cost
- Increase your capacity and become a real competitor in your industry
- Improve cash flow and increase capital
- You’re busy running your business, so let Borro™ bring together the best asset finance option for your situation
Refinancing Calculator FAQs
A refinance calculator helps you compare your current home loan with a new option to estimate how much you could save. It looks at things like your interest rate, loan term, and repayments, so you can see if refinancing stacks up financially.
It’s both. Whether you’re searching for a mortgage refinance calculator, home loan refinance calculator, or even a refinancing loan calculator, this tool gives you a clear view of your refinancing options all in one place.
The results are based on the details you enter, so you’ll get a solid estimate, but not a final figure. To get a more personalised assessment, speak with a Borro broker after using the calculator. We’ll help confirm your options and eligibility.
Yes, you can use the calculator for investment loans as well. Just enter your current loan details as usual. If your situation is more complex, we can help you run a more tailored analysis.
