Debt Restructuring Calculator
Check whether refinancing your loan is worthwhile. Compare old and new conditions. Online calculator with current 2026 market rates and clear breakdown.
Existing Loan
New Loan
Old Loan
New Loan
Refinancing is worth it!
Savings: €1,223.36
Monthly savings: €33.98
Note: These calculations are for informational purposes only and do not replace professional tax or financial advice. All information without guarantee.
FAQ
Frequently Asked Questions
When does refinancing make sense?
Refinancing is worthwhile when current interest rates are significantly lower than your existing rate. Consider the prepayment penalty, new loan costs, and the remaining term to calculate actual savings.
What costs are involved in refinancing?
Costs include the prepayment penalty on the old loan, possibly new notary fees for land charges, and any processing fees for the new loan. These must be weighed against the interest savings.
Are my entered amounts stored anywhere?
No. All calculations happen exclusively in your browser. Your inputs are never sent to our server or stored. You can safely enter sensitive financial data.
Guide
Quick Answer
The debt restructuring calculator shows whether replacing existing loans with a cheaper one is worthwhile, and computes the potential savings.
What is the Debt Restructuring Calculator?
The debt restructuring calculator shows whether replacing existing loans with a cheaper one is worthwhile, and computes the potential savings.
How does the Debt Restructuring Calculator work?
Enter the details of your existing loans (remaining balance, rate, remaining term) and the conditions of the new loan. The calculator compares total costs and shows the savings. Any early repayment penalty is taken into account.
Key Data and Facts
Early repayment penalty: max. 1% of remaining balance (> 12 months remaining) or 0.5%. Restructuring usually worthwhile from a 1-2 percentage point rate difference.
Step-by-Step Guide
How to check whether debt restructuring is worthwhile step by step: 1. Record existing loans: remaining debt, current interest rate, remaining term and monthly instalment for each loan. 2. Configure the new loan: total remaining debt as the new loan amount, a more favourable interest rate, desired term. 3. Calculate the early repayment penalty: for a remaining term over 12 months: max. 1% of the remaining debt. For a remaining term under 12 months: max. 0.5%. 4. Compare total costs: remaining interest on the old loan vs. interest on the new loan + early repayment penalty. 5. Determine the savings: the difference in total costs. Example: old loan: 12,000 EUR remaining debt, 8.9% interest, 36 months remaining term. Remaining interest: about 1,720 EUR. Early repayment penalty: 12,000 x 1% = 120 EUR. New loan: 12,120 EUR, 4.9% interest, 36 months. Interest on the new loan: about 940 EUR. Savings: 1,720 - 940 - 120 = 660 EUR. The debt restructuring is worthwhile.
Calculation Example
Old loan: 12,000 EUR, 8.9 %, 36 months, remaining interest 1,720 EUR. Early repayment fee: 120 EUR. New loan: 12,120 EUR, 4.9 %, 36 months, interest 940 EUR. Savings: 660 EUR.
Sources · E-E-A-T
Official sources
Calculations are based on applicable German laws and official data:
- Deutsche Bundesbank
- Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
- Statistisches Bundesamt (Destatis)
Full methodology at Methodology.
Finance
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