Mortgage Refinance
Compare current vs refinanced mortgage costs.
NZ$
years
%
%
NZ$
NZ$
NZ$
Lifetime saving
$64,796
Monthly delta: -$219.99
| Current monthly | $3,530.71 |
|---|---|
| New monthly | $3,310.72 |
| Refinance net cost | $1,200 |
| Net saving | $64,796 |
About this calculator
Compare your current mortgage against a refinance offer. Account for cashback, legal costs and any break fees.
- Cashback of $2k–$5k is common when switching banks.
- Always net out break fees from cashback.
Frequently asked questions
How often can I refinance?
Typically not before the cashback clawback period (usually 3 years).
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Calculator NZ provides general information only. For decisions with significant financial, medical or legal consequence please consult a qualified professional.