Aircraft refinance calculator

A smaller payment deserves a closer look.

Compare the remaining cost of your existing loan with the new payment, fees and term. See whether the refinance reduces financing cost overall.

Your planning workspace

Start with the numbers.

No sign-up. Calculations stay in your browser.

Build your loan scenario

Four inputs to start. More detail when you need it.

01 / Purchase

Aircraft purchase price$ Down payment%$50,000 cash toward the price Annual interest rate%Your contract rate, excluding fees. Amortization periodyears

Starting figures are editable examples, not current rates or lender terms.

Taxes, fees & trade-in Optional

Purchase tax rate (%) Taxable purchase base Total fixed closing fees ($) Origination fee (% of price) Trade-in value ($) Existing trade-in loan payoff ($)

Include purchase tax in the loan Include closing fees in the loan

State tax and trade-in treatment depend on the transaction. Check the state tax guides. A zero rate means no tax has been entered.

Loan maturity & payment options Advanced

Loan matures before the amortization period ends

Maturity (years)Balance remaining is due at maturity. Target balloon at amortization end ($) Interest-only monthsLater payments recast within the original term. Extra principal per payment ($) Payment frequency Interest compounding First payment date Assumed resale value at maturity ($)Used only for equity before the balloon.

Payments are one part of the plan.Add fuel, hangar, insurance and maintenance reserves.

Payment schedule & rate sensitivity Explore the detail

Your loan, payment by payment

Amounts are estimates before lender-specific rounding or daily interest.
Payment	Date	Scheduled payment	Interest	Principal	Balance	Balloon due

What if the interest rate changes?

All other scenario settings stay the same. These are hypothetical rates.

Read the result with confidence

What the numbers mean.

01 / METHOD

Use the actual payoff balance

Start with a current payoff statement and the payments remaining. Origination price and original loan term do not describe the debt you are refinancing today.

02 / METHOD

Account for costs and penalties

Enter refinance closing costs and any penalty on the existing loan. Choose whether those costs are paid in cash or financed into the new balance.

03 / METHOD

Compare debt as well as cash

The break-even calculation includes cumulative payments and remaining debt. A longer term can free monthly cash while increasing total interest. The tool shows both effects.

Read the full calculation method and editorial policy.

A smaller payment deserves a closer look.

Start with the numbers.

Build your loan scenario

The cost beyond your payment

Look past the monthly payment

A purchase budget that leaves room

Is a refinance worth it?