Loan Refinance Net-Savings Calculator

Enter your existing and new loan terms to see net savings after all prepayment fees and closing costs — plus your break-even point. Looking at the rate gap alone can mislead you.

Loan type
Includes registration, appraisal, and stamp costs

📄 Existing loan

Remaining principal (e.g. 200,000,000)

%
months

e.g. 240 months = 20 years

New (refinanced) loan

%
months

Keep equal to the remaining term for a fair comparison

💸 Prepayment fee

%
months

Fee is waived after 36 months (3 years)

Prepayment fee1,200,000원

⏳ 18 months until waived

🧾 Closing costs

Registration cost
Max claim 120% × registration 0.2% + local edu tax + scrivener726,000원
Stamp duty
Stamp Duty Act brackets, borrower 50% share75,000원
Total closing costs2,001,000원
🟢 Refinancing pays off

Net savings

+15,833,732원

📈 Break-even — Pays off after 27 months

Net savings = interest saved − prepayment fee − closing costs

Existing total interest

103,671,701원

New total interest

85,836,969원

Interest saved

+17,834,732원

Total closing costs

2,001,000원

Monthly payment change74,312원 lower / month
Existing avg/mo1,265,299원
New avg/mo1,190,987원

Basis · Sources

  • 💸 Prepayment fee: bank federation standard — amount × rate × (remaining days / term), waived after 3 years (1,095 days)
  • 🏦 Registration: registration license tax (max claim × 0.2%) + local edu tax (20%) + scrivener fee
  • 🧾 Stamp duty: Stamp Duty Act Article 3 brackets, typically 50% borrower share
  • 📐 Appraisal: usually skipped for apartments with public market prices; actual cost for villas/detached houses

※ All calculations are reference estimates. Actual rates, fees, and costs vary by institution, scrivener, and year.

Guide · FAQ · bal.pe.kr 금융 도구

계산 방법 상세는 Guide, 자주 묻는 질문은 FAQ, 계산 기준·운영 정보는 About 참조. 마지막 업데이트 2026-07-11.