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Personal Loan Refinance Calculator

A personal loan refinance calculator is a tool used to calculate the monthly savings when refinancing a personal loan. This tool can compare the monthly payment of different loans and see how much you can save by refinancing your current loan with the new one.

Personal Loan Refinance Calculator

Enter the details of your existing loan.

Loan balance

$

Annual percentage rate

%

Remaining term (years)

Pick a new APR and repayment term.

New APR(%) 8%
New term (years) 2 yr

Loan amount

$10,000

You Could Pay

More

$520.123

Principal

Less

$520.123

Interest rates

Your Current Loan

$16,388

Monthly payment

$16,388

Total Interest paid

$16,388

Total payments

Your Refinanced Loan

$16,388

Monthly payment

$16,388

Total Interest paid

$16,388

Total payments

5 Reasons Why You Should Get a Personal Loan Refinancing Calculator

A personal loan refinancing calculator is a tool that helps you to compare different loans and find the best rates for your personal loans. This will help you save money and make the most out of your money.

There are five reasons why you should get a personal loan refinancing calculator:

1) It will help you find the best rates for your loans.

2) It will help you save money.

3) You can compare different loans and find the one that suits your needs.

4) You can see how much the interest rate will be after a certain period of time.

5) You can see what monthly payments you'll have to make.

Top Personal Loan Refinance Lenders

Credible
  • Fixed APR: 6.99 - 35.99%
  • Loan Term: 12-120 months
View rates
sofi logo
SoFi
  • APR: 8.99-25.81%
  • Loan Term: 24-84 months
View rates
5kfunds_l
5K Funds
  • APR: 5.99-35.99%
  • Loan Term: 2-72 months
View rates

How to Refinance a Personal Loan with Online lenders in 1 Click

Refinancing a personal loan is simple with online lenders. You can get an instant decision and funds as soon as the next business day.

Many borrowers are taking advantage of refinancing opportunities in today's competitive lending environment to save money. Refinancing a personal loan is one way to do this. There are many benefits associated with refinancing your loan, such as lower rates, eliminating monthly payments, and even the opportunity to consolidate other debt into one monthly payment.

If you have a credit score of 720 or higher, then you should be able to get a low-interest rate and potentially lower monthly payments. You can use an online calculator to figure out how much money you could save by refinancing your loan.

Use A Personal Loan Refinance Calculator Tool to Improve Your Financial Situation

The internet has made it easier for people to find various tools to help them with their financial situation. A personal loan refinancing calculator is one of the many tools that can be used to make their life easier.

A personal loan refinancing calculator can help you see if it would benefit you to refinance your mortgage or consolidate your debts. It will also let you know if getting a home equity line of credit would be worth it.