Refinancing Break-Even
Is it worth switching to a cheaper loan or mortgage?
- Break-even
- 6.9 months
- Net saving over remaining term
- CHF 15'500
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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