Free tool · Real-time
Mortgage Refinance Calculator
Enter your current mortgage details and the proposed new terms to instantly see your monthly savings, total savings, and break-even point.
Current Mortgage
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%
months
New Offer
%
months
₪
Early repayment fee, new file fee, appraisal & registration
Monthly Savings
0 ₪
Enter data to calculate
Current Monthly Payment
0 ₪
New Monthly Payment
0 ₪
Total Savings (net)
0 ₪
Break-even Point
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Frequently Asked Questions
About mortgage refinancing in Israel
When is refinancing worth it?
Refinancing is usually worthwhile when market rates have dropped significantly since you took your mortgage. If the break-even point is under 36 months and total net savings are positive — it's generally a good move.
What costs are involved?
Typical costs include: early repayment fee (capitalization penalty), new file fee (~0.25%), appraisal (2,000-3,000 NIS), and mortgage registration (~500-1,000 NIS). Total usually ranges from 5,000 to 20,000 NIS.
What is the break-even point?
The break-even point is the number of months it takes for your accumulated monthly savings to cover the refinancing costs. The shorter it is, the better the deal.