Home-loan balance comparison
Current loan versus the selected balance-transfer offer
Pakistan · PKR
Pakistan home loan refinance calculator.
Compare your current home loan with a refinance, including switching costs, early-settlement charges, top-up borrowing, debt consolidation and rate scenarios.
Refinance offer comparison
Results include the entered break cost, selected cost treatment, cash out and consolidated debt
| Scenario | Rate | Term | Loan amount | Payment | Upfront cost | Break-even | Balance at horizon | Horizon result |
|---|
New-rate sensitivity
How Offer A changes if its interest rate is higher or lower
| Rate change | New rate | Monthly repayment | Break-even | Horizon result |
|---|
Planning estimate only—not a lender quote, foreclosure statement, valuation, tax calculation, credit decision or recommendation. Confirm foreclosure treatment, processing, legal and mortgage costs, LTV, eligibility and loan terms.
Pakistani balance-transfer guide
Should you transfer your home loan in Pakistan?
A home-finance refinance moves the outstanding balance to another lender, often for a lower rate, different features, revised tenure or an approved top-up. A lower advertised rate does not automatically mean the transfer saves money.
This calculator compares EMI, switching costs and remaining balances over the period you expect to keep the new loan. It also shows break-even, LTV and an editable stress-rate EMI.
Pakistan home-finance balance-transfer costs
Potential costs include a foreclosure or switching charge where permitted, the new lender's processing fee, valuation and legal charges, memorandum or mortgage registration costs, documentation, insurance and taxes. Obtain written quotations rather than relying on a generic percentage.
Restarting with a longer tenure can reduce EMI while increasing total interest. Compare the balance remaining at the same future date, not only the new monthly payment.
Rate-and-tenure transfer
Changes the lender, rate or remaining tenure without substantial extra borrowing. Keeping a similar payoff date makes comparison clearer.
Balance transfer with top-up
Adds approved top-up borrowing to the new balance. The lender assesses LTV, purpose, valuation and repayment capacity.
Debt consolidation
Moves other debt onto property security. EMI may fall, but total interest can increase if short-term debt is extended over many years.
Internal rate conversion
The existing lender may offer a rate reset or product conversion for a fee. Compare this with the full cost of moving institutions.
Early-settlement and switching charges
Charge treatment depends on the existing conventional or Islamic contract, rate or rental structure, lender schedule, remaining tenure and current rules. The calculator does not assume a universal early-settlement charge.
Enter a current written settlement quote and confirm it near the transfer date. Review applicable SBP housing-finance regulations, key-fact statements and the signed agreement.
Refinance break-even and horizon savings
Payment break-even divides upfront costs by the monthly cash-flow improvement. It is useful when costs are paid upfront, but it can be misleading when the new term is longer or costs are financed. The horizon result also compares payments and remaining balances so a lower repayment does not automatically appear to be a saving.
Cash out and consolidated debt are treated as value received when comparing balances. The calculator does not model the separate interest schedule that consolidated debts would otherwise have followed, so use the result as an initial comparison only.
Balance-transfer LTV and eligibility
The new LTV is the refinanced balance divided by the value accepted by the incoming lender. A lower valuation, financed fees, top-up and consolidated debt can increase LTV and reduce available options.
The displayed stress-rate EMI is a personal scenario, not a mandated lender test. The incoming lender also verifies income, existing EMIs, credit, title, property documents, repayment history and loan purpose.
Debt consolidation and top-up risks
Moving personal or card debt onto a home-backed loan places the property behind that debt. A lower rate can still cost more when repayment is extended, so retain a disciplined shorter payoff plan where appropriate.
After comparing offers, use the Pakistan mortgage calculator for EMI and prepayment scenarios, or the Pakistan home equity calculator for top-up and long-term equity planning.
Pakistan home loan refinance questions
How do I know whether a refinance saves money?
Compare all switching costs, EMIs and remaining balances over the period you expect to keep the new loan. Do not rely only on the lower rate.
Will I pay a early-settlement charge?
It depends on the facility and current rules. Ask for a written foreclosure statement because floating, fixed, individual and business-purpose treatment can differ.
Can a lower EMI increase total interest?
Yes. Extending the remaining tenure or financing costs and top-up borrowing can lower EMI while increasing total interest.
Will the new lender value the property?
Usually it requires an accepted valuation and property checks. A lower value can increase LTV and reduce eligibility.
Can I take a top-up with a refinance?
Potentially, subject to property value, LTV, purpose, repayment capacity, credit and lender policy.
Should I consolidate other debt?
Compare total cost over a disciplined repayment period. The home becomes security and a long tenure can erase the benefit of a lower rate.