Refinance Calculator Australia — Should I Refinance? 2026

Compare your current home loan with refinance options to see if switching makes financial sense. Our calculator factors in the new interest rate, ongoing fees, discharge/break costs, and shows your net savings over the remaining loan term.

Potential Refinance Savings (2026)

Loan BalanceRate Drop 0.25%Rate Drop 0.50%Rate Drop 0.75%
$400,000$60/mo$119/mo$178/mo
$600,000$89/mo$178/mo$267/mo
$800,000$119/mo$238/mo$356/mo
$1,000,000$149/mo$297/mo$445/mo

Savings estimates assume 25 years remaining on a P&I variable loan.

Start Calculating

Enter your details above to get instant, accurate results. Our calculator uses current Australian rates and rules — updated regularly.

Need help? Our guides explain how each calculation works and what the results mean for you.