refinance calculator, home loan, monthly mortgage installments,HDB loan,bank loan,mortgage loan

*Fields marked with an asterisk are required**
Part I
Name *
Email *
Contact No. *
Enter outstanding loan amount *	$
Interest per annum with bank A (Current bank) *	%	Enter the current interest rate charge by your current bank
Legal fees subsidies clawback (if any)	$	Enter legal fees subsidies clawback (if any)
Penalty 1.5% of outstanding loan amount for early redemption (If any)	$	Enter penalty for early redemption charge by bank (if any)
Part II
Interest per annum with refinance bank B *	%	Enter the new interest rate charge by the refinancing bank
Legal fees for conveyancing of new loan	$	Enter legal fees to be paid less subsidies
Penalty absorbed by bank B (refinancing bank) (if any)#	$	Enter penalty absorbed by refinancing bank if any
Legal fees clawback absorption by bank B (refinancing bank) (if any)#	$	Enter legal clawback absorption amount by refinancing bank (if any)

#Some banks absorb penalties and legal fees, please check with the respective banks

* If savings from refinance shows negative, it means the refinancing will lose money, and should not proceed with it.

Refinancing calculator