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Refinance & Consolidation Calculator

Compare your current loans with a new loan to see how refinancing changes your payments and total cost.

Refinance & Consolidation Calculator

Compare your current loans against a single new refinance loan.

All loans and fees must use the same currency. Changing the currency label does not convert amounts. Monthly savings compare today’s payments; they can change as existing loans end.

1. Your current loans

Add each loan you want to refinance or consolidate.

1
AMD

How much you still owe today.

% / year

The rate on this current loan.

months

The full term of the loan in months.

months

How many months you have already paid.

months

Auto-calculated.

AMD

Auto-calculated.

Add more loans to model consolidating several loans into one.

2. New refinance loan

The single loan that would replace all loans above.

% / year

The rate the bank offers.

How to pick the new term.

AMD

One-time fee charged by the new bank.

AMD

Fee your current bank charges to close the loan early.

AMD

Notary, insurance, valuation, etc.

If off, you pay the fees upfront from your pocket.

3. Your result

Refinancing looks beneficial
You save 4,055 AMD / month
Total savings across both repayment timelines: 194,644 AMD
Your current situation
Total loan balance
2,000,000 AMD
Total monthly payment
57,710 AMD
Remaining repayment
Across all loans · longest term 48 months
2,770,084 AMD
Weighted average rate
17.00%
After refinancing
New loan principal
Fees added into the loan
2,000,000 AMD
New monthly payment
53,655 AMD
New total repayment
Over 48 months · including fees
2,575,440 AMD
New interest rate
13.00%
Estimated payoff date
September 2030

Impact

Initial monthly change
−4,055 AMD
You pay less each month
Total cost change
−194,644 AMD
Total savings over the term
Break-even time
1 months
First month after which cumulative cash savings stay positive through both repayment timelines. Includes entered fees; no discounting.

What this means

The initial monthly payment falls by 4,055 AMD. Total repayment falls by 194,644 AMD across the complete repayment timelines.
Compare refinancing offers →
This is an estimate. Actual bank offers, approval, fees, and repayment schedules may differ.