Refinancing Break-Even

Is it worth switching to a cheaper loan or mortgage?

Interest saving per yearCHF 3'500
Break-even
6.9 months
Net saving over remaining term
CHF 15'500
05k10k0.5 %1 %1.5 %2 %
Interest saving per year – depending on New interest rate

How it works

Refinancing a loan costs fees, but a lower rate saves interest. The calculator finds the number of years it takes for the interest savings to pay back the fees. If you sell or move before that point, refinancing does not pay off.

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