Is refinancing worth it

Moving the loan to a cheaper rate — and when the switching cost is paid back.

Last updated:

Loan still outstanding (Rs)Your current markup (%)The new markup (%)Years still to runCost of switching (Rs)Processing, legal, valuation, early-exit penalty.

Instalment now—

Instalment after—

Saved every month—

Saved in all, after the cost—

Months to earn the cost back—