Finance tool
Is it worth refinancing?
Compare your current rate to a sharper one and see the monthly saving, the total interest saved over the term, and how long it takes to recover the switch costs. Then let a broker find the rate that actually makes the move worthwhile.
Refinance savings estimator
Assumes the same remaining term at the new rate. Total interest saved is over the full term; break-even is how long the monthly saving takes to recover the switch costs. Example only — your real options come from the eligibility check.
DeMarque Group Pty Ltd trading as DeMarque Finance. Results are indicative only and do not constitute a formal finance offer or approval. DeMarque Finance is authorised Credit Representative 522568 under Australian Credit Licence 384704. Phone 1300 108 751.
How the estimate works
The calculator keeps your loan balance and remaining term the same, then re-prices the repayment at the new rate. The gap between your current and new repayment is the monthly saving; multiplied over the term, it's the total interest you'd avoid. Break-even is simply how many months of that saving it takes to recover the switch and establishment costs — a quick way to sanity-check whether a move is worth it.
What the calculator can't see
A refinance is about more than the headline rate. Break costs on fixed loans, LMI, cashback offers, loan features (offset, redraw), your equity position and how a lender assesses your income all shape whether refinancing genuinely leaves you better off — and which lender to move to. That's the part a broker earns their keep on. The eligibility check returns a personalised indicative range across the lenders we can access in under 90 seconds.
Your move
Find out what you could really save.
A personalised indicative range with access to a panel of 60+ lenders, in under 90 seconds. No credit check to start, no obligation.
Check your eligibility →