Break-even formula
Break-even months = Total refinance costs / Monthly repayment savings.
What to include in costs
- Current lender discharge and closure fees.
- New lender setup and settlement costs.
- Valuation or legal costs where applicable.
- Any additional fees tied to loan features you need.
Decision thresholds
- Short break-even with structure improvement: usually strong candidate.
- Long break-even and weak structure gains: usually low priority.
- Unclear fee assumptions: gather exact costs before committing.
Recommended service pathways
- For full refinance execution, use refinance broker Sydney support.
- For debt simplification, compare debt consolidation strategy.
- For owner-occupier structure review, check mortgage broker home-loan support.
Next step: test numbers in our refinancing calculator, then compare with refinancing strategy support.