Use Ambak's Home Loan Refinance Calculator to find out the savings in EMI, resulting in lower cash outflow towards your home loan.
How to use the calculator?
- Existing Loan Principal Outstanding: Input the principal outstanding of your existing home loan with the other financial institution
- Tenure: Input the balance loan term of your existing home loan
- Interest Rate (%): Input the interest rate of your existing home loan
The total cash outflow and your revised EMI of your outstanding home loan will be calculated to assist you to make a fair comparison, in case you make a balance transfer to another Bank. This will help you to get a clear understanding of the total savings on your home loan.