Loan options displayed based on property and repayment type. You can select your LVR tier.
Your new monthly repayments
Comparison
Potential savings over time
You could pay off your home loan sooner
By keeping your repayments the same as your current loan, you could pay off your home loan faster and save on interest.
Learn moreFeatures & fees
Our home loans come with a range of features to help you manage your loan. There may be fees associated with some of these features.
Ready to get started?
Refinance your home loan from another bank to CommBank. Get conditional approval in 10 minutes online.
How the Calculator Works
Our refinance calculator helps you understand how much you could save by securing a better interest rate
Enter your current loan details
Input your current loan balance, remaining term, and interest rate
Enter your new loan details
Choose your property type, repayment type, and expected new interest rate
See your savings
The calculator will show your potential savings monthly, yearly, and over the life of your loan
Why Refinance Your Home Loan?
Lower Interest Rates
Refinancing can help you secure a lower interest rate, potentially saving you thousands of dollars over the life of your loan.
Better Loan Features
Gain access to better loan features like offset accounts, redraw facilities, and flexible repayment options that your current loan might not offer.
Consolidate Debt
Combine multiple debts into your home loan to simplify your finances and potentially reduce your overall interest costs.
Access Home Equity
Tap into the equity you've built in your home to fund renovations, investments, or other major expenses.
Disclaimer: This calculator provides general information only. The actual savings from refinancing will depend on your specific circumstances, including loan fees, features, and eligibility criteria. Consult with a financial professional before making any decisions.