How it works
Net savings = current remaining interest and insurance − new interest, insurance and refinancing fees. Monthly payments use the standard fixed-rate amortization formula.
Loans and credit
Mortgage Refinancing Calculator
Enter the remaining terms of your mortgage and the proposed new terms to see whether refinancing could reduce your remaining borrowing cost.
Your result€17,470.02
Estimated net saving with the new offer.
- Current payment, including insurance
- €1,234.04
- New payment, including insurance
- €1,132.33
- Current remaining cost
- €86,552.74
- New offer total cost
- €69,082.71
- Fees recovered after
- 3 years 9 months
Understanding your result
A positive saving means the new offer has a lower estimated remaining cost after fees. This does not guarantee lender approval: compare the official APR, schedule and contract before deciding.
Last verified:
03FAQ
Frequently asked questions
Compare the interest and insurance still payable on your current mortgage with the interest, insurance and fees of the new offer. This calculator performs that like-for-like cost comparison.