Loan refinancing
is a lower rate worth it after fees
Current loan
New loan
Result
Payment: old → new13 941,00 ₴ → 11 960,00 ₴
Monthly saving1 981,00 ₴
Switching costs9 000,00 ₴
Costs recoup in5 mo
Net saving over term+86 079,00 ₴
Payments are annuities; the new term equals the remaining term of the old loan. Switching costs (fee, notary, collateral revaluation, insurance) are recouped through the payment difference — closing the loan before the break-even point makes refinancing a loss.
About Refinancing calculator
Refinancing calculator — is refinancing worth it: new rate, fees and real savings. Finance: Personal finance management. Use our tools without registration or installing software. All calculations happen in your browser — your data is never sent to a server.