Personal Loan Refinance Calculator

Compare your current personal loan against refinance offers. See if you can lower your rate and save money.

=� Current Personal Loan

Remaining Balance

Interest Rate (%)

Months Remaining

Current Monthly Payment:$501.80

Total Interest (Remaining):$3,064.96

( Refinance Offer

New Interest Rate (%)

New Loan Term (Months)

Origination Fee (%)

Typically 1-5% of loan amount ($450.00)

New Monthly Payment:$473.51

Total Interest (New Loan):$2,496.47

DO IT - Refinancing Recommended

You could save $568.49 over the life of the loan and reduce your monthly payment by $28.29. You'll break even in 16 months.

Monthly Savings

+$28.29

Total Interest Savings

+$568.49

Break-Even Point

16 months

Disclaimer: This calculator is provided as-is for educational purposes. Results are estimates based on the information you provide. Actual loan terms, rates, and savings may vary. Always consult with a financial advisor or lender before making refinancing decisions.

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