Refinance Feasibility Calculator
This calculator gives a clear, Fiji-focused comparison between staying and switching. It models fixed + variable periods, your remaining term, a top-up, estimated refinance costs, and provides a simple decision indicator. When you’re ready, Flagship can validate the result against real bank offers and policy — no drama, just numbers.
1. Your current home loan
Approximate amount still owing today.
How many years are left on your current loan.
If fully variable, set fixed years to 0 and use your variable rate below.
Years left on your current fixed rate (0 if you’re not fixed).
Rate after fixed ends — or your current variable rate.
2. Scenario: top-up & refinance options
Extra funds you want to release (renovations, consolidation, deposit, etc.).
Indicative fixed rate offered by the new lender.
Length of the fixed term on the new loan.
Expected variable rate after the fixed period ends.
If the new bank restarts you on a fresh term (max 30 years).
Include discharge fees, new bank setup fees, valuations, legal fees, and fixed-rate break costs (if applicable).
How should we compare the terms?
Resetting to a longer term can reduce repayments, but often increases total interest. This tool shows both — so you’re not fooled by “lower monthly” alone.
Want this checked against live Fiji bank offers? Talk to the Flagship team.
Refinance Feasibility FAQs – Fiji Home Loans
It uses a blended estimate across your fixed period and your revert (variable) period to produce one clear comparison. This helps you quickly see the overall direction. Flagship can refine this with exact lender quotes and timing.
Typical costs include discharge fees, new lender setup/package fees, valuation fees, legal fees and any fixed-rate break costs. If you’re unsure, enter a conservative estimate and adjust once you have quotes.
Resetting to 30 years often lowers your monthly repayment, but you pay interest for longer. This calculator shows both: monthly impact and total interest + costs, so you can choose based on cashflow vs long-term cost.
Yes. Add your top-up amount and the tool shows how repayments and total interest change for both “stay” and “switch” options. This is useful for renovations, debt consolidation or leveraging equity toward another property.
No. It’s a scenario calculator. It doesn’t assess your credit profile, income, security quality, FNPF position, or lender policy. Use it to understand the numbers, then speak with Flagship for a proper refinance assessment and pre-approval strategy.
Lenders usually look at income stability, existing debts, repayment history, property quality/valuation, and cash buffers. Reducing short-term debts, improving documentation, and keeping repayments affordable under a higher “stress” rate can help.
Disclaimer: This refinance feasibility calculator provides general information only and does not constitute personal financial, tax or legal advice. It does not assess your eligibility, creditworthiness or specific lender criteria. Rates, fees and policies can change. Seek tailored advice before deciding.