Home-loan balance comparison
Current loan versus the selected balance-transfer offer
Pakistan · PKR
Estimate the Cost of Replacing Your Existing Home Loan
Compare your current home loan with a refinance, including switching costs, early-settlement charges, top-up borrowing, debt consolidation and rate scenarios.
Refinance offer comparison
Results include the entered break cost, selected cost treatment, cash out and consolidated debt
| Scenario | Rate | Term | Loan amount | Payment | Upfront cost | Break-even | Balance at horizon | Horizon result |
|---|
New-rate sensitivity
How Offer A changes if its interest rate is higher or lower
| Rate change | New rate | Monthly repayment | Break-even | Horizon result |
|---|
Planning estimate only—not a lender quote, foreclosure statement, valuation, tax calculation, credit decision or recommendation. Confirm foreclosure treatment, processing, legal and mortgage costs, LTV, eligibility and loan terms.
Compare switching with keeping your home finance
This calculator compares two replacement offers with the current facility over the same selected period. It considers payments, entered fees and the balance still outstanding. A new offer that appears better can still be less favourable than keeping the existing arrangement. Compare rates, tenure and any additional cash on a consistent basis before interpreting a result.
Enter costs from settlement statements and quotations
Request settlement figures and the incoming bank’s processing, valuation, legal and security costs. The separate break‑cost field is ignored in variable‑rate mode and applied in fixed‑rate mode. This is a calculator convention and does not confirm that settlement is free. Include any applicable charge omitted by that convention in each offer’s switching costs, without counting it twice.
Financed fees still cost money
Upfront costs reduce available cash; financed costs increase the new balance and may generate additional financing cost. The absence of an upfront recovery period therefore does not imply a cost‑free switch. Rs 120,000 of immediate costs divided by Rs 5,000 of monthly improvement gives a simple break‑even of 24 months. Remaining balances and the chosen holding period still matter.
Where the comparison is simplified
Old and new rates remain constant, and the stress payment does not change the ranking. Insurance, takaful and an Islamic replacement contract require separate comparison. For consolidated debts, the entered old monthly payment is carried over the current‑home‑finance period used by the model, without a distinct payoff schedule. This can overstate a benefit if another debt would have ended sooner.
Pakistan mortgage refinance calculator questions
Does the best-ranked offer always save money?
No. It is the better of the two new scenarios and can still be behind keeping the current facility.
Why is the break-cost field ignored in variable-rate mode?
That is a model convention. Verify actual settlement charges and include applicable omitted charges in each offer’s switching costs.
Are financed fees excluded from the loan?
No. When financed, fees are added to the new principal even though upfront cash costs are zero.