See what switching to a lower rate could actually be worth — on your monthly repayment, over a year, and across the life of the loan.
Your loan details
A few numbers from your current loan, and the rate you're considering.
Your current loan
$
%
Loans not reviewed since 2022–23 often sit 0.8–1.2% above current new-customer rates.
yrs
How many years are left on your current loan.
The loan you're considering
%
A typical gap between existing and new-customer rates is 0.3–0.6%.
yrs
Refinancing often resets the clock — leave this the same as above to compare apples-to-apples.
Additional new lending
$
Refinancing can be a chance to access equity you've built up, on top of your current balance.
Your estimate
Refinancing $600,000 from 6.50% to 5.90%
Monthly saving
$0
Annual saving
$0
Interest saved over the term
$0
Your current loanwhat you're on today
Rate0%
Term remaining0 yrs
Monthly repayment$0
Total interest over term$0
Refinanced loanthe one you're considering
Rate0%
Term0 yrs
New loan amount$0
Monthly repayment$0
Total interest over term$0
JNT Finance
📞 0439 540 550
✉️ james@jntfinance.com.au
This calculator provides general estimates only and isn't personal financial, tax or credit advice. Figures are based on the numbers you enter and a standard principal & interest amortisation — they don't include your comparison rate, lender's mortgage insurance, exit or discharge fees on fixed loans, or lender-specific eligibility. Always confirm exact figures with us before making a decision. JNT Finance, Credit Representative 545606, is authorised under Australian Credit Licence 422284, held by R1 Investments Pty Ltd trading as RateOne Home Loans.
Want to know exactly what you could save?
This is a general estimate — get in touch for a free, no-obligation chat and I'll compare the market properly for your situation.
