Maximize Your Savings with This Free Commercial Refinance Calculator
Real-World Savings and Opportunities
The potential savings from refinancing a commercial loan can be significant. For instance, if you currently have a $500,000 loan at a 6% interest rate and refinance to a 4.5% rate, you could save over $40,000 in interest over a 10-year period1. This is just one example of how refinancing can lead to substantial financial benefits. Moreover, many lenders offer promotional rates and incentives for refinancing, such as reduced closing costs or waived fees, which can further enhance your savings2.