23 · Refinance
← All calculators

Finance · Tool 23

Refinancing break-even

Old versus new instalment, total switching cost and break-even month.

Decision questionWill the savings arrive before the next likely move?
Rules reviewed10 Aug 2026NAVARO method basis
02 · Primary answerPasses entered checks

Break-even month

10 monthsThe month when cumulative entered-rate payment savings overtake switching costs.
Monthly savingS$482
Switching costS$4,500
Annual savingS$5,786
Decision shaperelative scale
Current payment
S$4,756
New payment
S$4,274
NAVARO read

The entered costs are recovered inside two years.

03 · Calculation trail

See the number being built.

The line items use the same engine as the primary answer. Negative rows are deductions, not hidden adjustments.

01Current monthly paymentS$4,756
02New monthly paymentS$4,274
03Monthly savingS$482
04Total switching costS$4,500
05Break-even month10 months