When is it advisable to refinance a loan?

Refinancing a loan



It is quite common for a borrower's situation or market conditions to change during the repayment term of a loan. 
In addition, the high spending limits on credit cards mean that you may quickly accumulate a significant amount on which you will have to pay unnecessarily high interest until the debt is fully paid off. If this is the case, shop around to see if a cheaper personal loan is available. 

Find out quickly and easily with the Comparis loan refinancing calculator how much you could save by switching to a cheaper loan. Refinancing a loan is possible any time.

Original loan

  • CHF 1,000
  • CHF 250,000
Enter the repayment term and date of disbursement for your existing loan.
Approval of a loan is forbidden by law if it would lead to over-indebtedness (Art. 3 UWG).

Refinanced loan

Remaining loan amount in CHF
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The remaining loan amount was estimated based on the information you provided. You can find out the actual figure from your lender.

Your potential savings in CHF
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The potential saving calculated on the basis of your information is provided for illustration purposes only and is not a quote. An average interest rate of 5.9% was used to calculate the potential saving. The interest rate is determined based on your personal situation and can only be calculated on submission of a loan application.

Would you like to top up your loan?

  • CHF 1,000
  • CHF 120'000
Yes, increase loan
Request a quote now Credaris, a partner service of comparis.ch, compares all lenders and finds the loan that's best for you.


It's worth having the terms of your loan checked – you could save a significant amount of money, especially if your interest rate is high. With a personal, no-obligation comparison from comparis.ch, you can find out whether your loan is available at lower rates and whether it's worth refinancing. Each bank defines its own specific lending criteria. Your personal situation determines which bank will lend you money under what conditions and at what rates. Apply now with no obligation and let us calculate how much you could save. 

According to the Consumer Credit Act (KKG), borrowers must be able to cancel their loans at any time, if the outstanding amount is paid off early. This regulation means that a loan can be refinanced at any time and transferred to another bank. The banks regulate this process themselves. The new bank transfers the previous amount that has not yet been paid off. But don't forget that, for the loan to be refinanced, most lenders will ask for a final statement from the previous bank. Some lenders will charge a fee for this statement.


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Credaris, a partner service of comparis.ch, compares all lenders and finds the offer that best meets your needs.

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