FinMortgage
Refinancing Comparison
Worksheet · SGD
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Loan details

Entered once — the outstanding balance and remaining tenure are the same whether you stay, reprice, or refinance.

S$
yrs
mths
= 20 yrs 0 mths (240 months total)
E.g. matches the new package's lock-in period.

Interest rates to compare

Orange = staying put, teal = repricing with your current bank, green = refinancing to a new bank.

Cost of repricing

Staying with your current bank on a new rate — no legal or valuation work, just an admin fee.

S$
Varies by bank — check your current bank's fee schedule.

Cost of refinancing

All fields default to 0 — these vary per bank & borrower. Fill in only what applies to you.

Exiting your current loan
Typical penalty is ~1.5%, but starts at 0 here.
S$
S$
Refinancing with the new bank
S$
S$
S$
Reduces total switching cost.
Out-of-lock-in interest (if refinancing late)
If enabled, this adds the extra interest payable on the current loan at the thereafter rate for the number of days entered, on top of the refinancing costs above.

Comparison over 3 years

Interest paid and net position for each option over the comparison horizon — the window you're actually deciding for.

OptionRateMonthly instalmentInterest (3 yrs)Switching costNet vs staying

Amortization schedule

Cumulative principal & interest by year, side by side. Shaded rows fall inside the comparison horizon; ◆ marks its last year.

Stay (current)
YrPrinc.Int.Bal.
Reprice
YrPrinc.Int.Bal.
Refinance
YrPrinc.Int.Bal.
—

Enter your loan details to see the verdict.

Current instalment —
Reprice instalment —
Refinance instalment —
Reprice — net position
—
Refinance — net position
—
This is a planning worksheet, not financial advice. It uses a standard reducing-balance amortization model and compares interest paid over your chosen horizon, net of switching costs. Actual bank computation methods, lock-in & clawback terms, board/SORA rate resets, and fees vary — confirm all figures with your bank and lawyer before acting. © FinMortgage.