Business Loan Refinance Calculator
This business loan refinance calculator compares simple estimated costs using the balance, rates, remaining terms and fees you enter. It is not a quote or recommendation and does not model compounding, daily balances, payout penalties, progressive repayments, taxes or every legal and settlement cost. Written lender figures remain authoritative.
What the comparison calculates
The calculator applies simple annual interest to the entered balance for each entered term, then adds the fees entered for that scenario. It compares estimated finance cost rather than presenting an approval, repayment schedule, annual percentage rate or lender-specific calculation.
Use current payout information
An existing loan balance may differ from the amount required to refinance after accrued interest, discharge, break, legal or settlement costs. Obtain a current payout figure and written replacement-loan terms before making a decision.
A lower rate may not mean lower cost
The replacement facility can have a lower annual rate but a longer term or higher fees. Compare estimated total cost, cash-flow timing, security, guarantees, default consequences, early repayment conditions and the commercial benefit of refinancing.
Consider the exit strategy
If the replacement is short-term secured finance, identify how it will be repaid and what happens if the refinance, sale, settlement or other expected cash event is delayed. Extension and default costs can materially change the comparison.
Check security and priority changes
A refinance can require payouts, mortgage or caveat discharges, new security registration and coordination between lenders or solicitors. The calculator does not assess whether those steps are possible or what they will cost.
Obtain transaction-specific advice
Use the estimate to prepare questions for the lender and advisers. Only written payout figures, an approved offer and the final loan documents can confirm actual pricing, obligations and settlement requirements for the transaction.
Related business loan guides
- Business Loan Refinancing Australia
- Business Loan Interest Rates and Fees
- Business Loan Calculator Australia
- Business Loan Exit Strategy Guide
- Business Loan Fees, Risks and Assessment
Sources and further reading
Related questions
Does this calculator show whether refinancing is worthwhile?
No. It compares simplified entered costs only. Suitability also depends on actual payout figures, fees, cash flow, security, terms, risks and commercial objectives.
Why can the actual refinance cost differ?
Actual costs may use daily or compound interest and include payout, discharge, legal, valuation, settlement, extension or other transaction-specific amounts not modelled here.
Can BizLoansFast guarantee the replacement rate entered?
No. The visitor supplies the rate for comparison. Any actual pricing, approval and terms depend on the lender's written assessment and documents.