Calculator
Business Loan Refinance Calculator
See whether refinancing actually saves money
A lower payment is not always a better loan if the term stretches too far or fees are high. This calculator compares remaining repayment against a new loan structure and estimates monthly savings, total savings, and fee breakeven.
- ✓Compares current remaining payments to a proposed refinance
- ✓Includes financed refinance fees
- ✓Shows monthly savings, total savings, and breakeven months
$350,000
$12,500
36 mo
9.0%
60 mo
2.0%
New Payment
$7,411
Monthly Savings
$5,089
Total Savings
$5,356
Fee Breakeven
1.4 mo
Frequently Asked Questions
When does refinancing make sense?
Refinancing can help when it lowers rate, improves cash flow, removes a bad structure, or consolidates debt without adding too much total cost.
Can a refinance lower payment but increase total cost?
Yes. Extending the term can reduce the monthly payment while increasing total dollars repaid.
What is fee breakeven?
Fee breakeven estimates how many months of payment savings are needed to recover refinance fees.