Aircraft Refinance Calculator
Enter your current balance, rate and remaining term, then the new rate, term and closing costs. The calculator shows monthly savings, lifetime interest saved and how long it takes to recover closing costs.
Aircraft Refinance Calculator
Calculate your potential savings by refinancing your aircraft loan.
Current Loan
New Loan
You'll break even on closing costs in 8 months and save -$20,026 in total interest!
Get a real refinance quote for these numbers
Send these numbers to a financing specialist. No credit check to submit; typical reply within 1–3 business days.
How the calculation works
Both payments use the standard amortization formula. Monthly savings = current payment − new payment. Interest saved compares remaining interest on the current loan with total interest on the new loan. Break-even = closing costs ÷ monthly savings.
For timing in today's market see when to refinance in a rising-rate market; for equity take-outs see cash-out refinancing.
Frequently asked questions
When does refinancing an aircraft loan make sense?
When the monthly savings recover your closing costs well before you expect to sell or pay off the aircraft. Divide total closing costs by monthly savings to get the break-even month; if you will keep the loan well past that point, the refinance likely pays.
Is refinancing still worth it in 2026?
Rates rose after the Fed's September 16, 2026 increase (Prime 7.00%), so pure rate-and-term refinances pay less often. Refinancing can still make sense to exit a balloon, move from a variable to a fixed rate, shorten the term, or take cash out for an overhaul or avionics.
What closing costs should I enter?
Include lender fees, escrow and title search, and the FAA recording fee ($5 per collateral item). Some lenders also charge prepayment penalties on your existing loan — check your note.