Monthly savings
Healthy$186
Difference between current and new estimated monthly repayments.
Home Loans
Refinance Decision Calculator
This calculator turns a refinance comparison into a decision score instead of stopping at monthly savings.
Decision report included
Review the decision summary, key metrics, assumptions, and action items, then create a printable report for a lender, broker, household, or client discussion.
Use the report to document the scenario, explain the tradeoff, and agree on the next action.
Inputs
Enter your scenario.
Decision Summary
Refinance verdict
Strong fit
Expected net saving over your holding period is $10,474, with a break-even point of 4 months.
Decision index
HealthyKey metric comparison
Monthly savings$186
Break-even month4 months
1-year savings$1,535
3-year savings$6,005
5-year savings$10,474
Break-even month
Watch4 months
How long it takes savings and cashback to offset switching fees.
1-year savings
Healthy$1,535
Net result after fees and cashback over one year.
3-year savings
Healthy$6,005
Net result after fees and cashback over three years.
5-year savings
Healthy$10,474
Net result after fees and cashback over five years.
10-year savings
Healthy$10,474
Net result over ten years or the selected holding period, whichever is shorter.
Assumptions
Review the assumptions behind the result.
- Both loans use the same remaining term for the core repayment comparison.
- Switching fees and cashback are treated as upfront net costs or benefits.
- Savings windows are capped by the selected holding period.
How To Use The Result
Turn the output into a practical next step.
- Compare the break-even month with how long you expect to keep the loan.
- Cashback can improve short-term outcomes but should not hide a weak long-term rate.
- Use the report when comparing lender offers side by side.
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