Flagship calculator

Rate Savings Calculator

Compare your current rate with a possible better rate — from your current lender or a refinance — and see whether your estimated first-year saving may sit above the Rate Monitor review benchmark of $2,500.

Loan balance ($)

Current interest rate (% p.a.)

Possible better rate (% p.a.)

Remaining loan term (years)

Repayment type

Estimated switching costs ($, optional)Usually $0 for a current-lender rate change; refinancing often costs $700–$1,500 in fees

Estimated first-year difference

—

Current monthly repayment—

New monthly repayment—

Monthly difference—

Annual repayment difference—

Less switching costs (first year)—

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This calculator is an estimate only and does not consider your full circumstances, lender fees, eligibility, valuation, credit policy or final loan approval. The $2,500 benchmark is the potential first-year saving level at which Secure Finance considers a loan worth reviewing — whether through a better rate with your current lender or a refinance — and is not a guarantee of savings, approval or suitability. Results assume the rates entered remain constant and repayments are made monthly.