**Instructions:** Please fill in the light green fields and the results will be calculated automatically.

How low the refinance interest rate has to be in order to recoup the refinance cost in certain number of months?

Loan Amount | |

Loan Term (in Years) | |

Repayment Frequency | |

Current Annual Interest Rate | |

Current Regular Repayment | |

Refinance Cost | |

Months to Recoup Refinance Cost | |

Refinance Regular Repayment | |

Refinance Annual Interest Rate |

How long (how many months) does it take to recoup the refinance cost?

Loan Amount | |

Loan Term (in Years) | |

Repayment Frequency | |

Current Annual Interest Rate | |

Current Regular Repayment | |

Refinance Cost | |

Refinance Annual Interest Rate | |

Refinance Regular Repayment | |

Months to Recoup Refinance Cost |