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See How You Can Use the Refinance Loan Calculator

Instantly know interest rate, monthly repayments and total cost for your refinance loan using our advanced loan calculator.

Enter loan details - Enter current loan amount, rate of interest and remaining loan tenure to get an estimation.

Mention the numbers - Mention the loan amount and tenure. Choose from €1000 to €50,000 and tenure from 6 months to 7 years.

Compare with the current loan - After receiving the results, check whether refinancing will make your loan affordable.

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Monthly Repayment (€)
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Total Repayment (€)

Refinance loan - Replace costly borrowing with a low-interest loan

Are you struggling with a high-interest debt? That makes your repayments hefty, and managing monthly expenses gets complicated. With multiple other expenses, bills, and debts, you need to focus on the costs of existing, expensive loans.

A refinance loan in Ireland is a practical solution. It is used to reduce the cost of an existing debt by replacing it with a new one. Use it to control your personal finances and reduce cost.

Manage other expenses and current debts effectively through refinancing. Speedy solutions are available online with instant approval decisions. You can apply through an online process that allows you to upload documents digitally.

MyCreditBucks offers the best refinance loans, regardless of credit score or employment type. We approve the new loan as per your credit purchase power. Stable income is the decisive factor to get the new customised loan.

What is a refinance loan?

A refinance loan replaces an existing high-cost loan with an affordable one at lower interest rate. This arrangement downsizes monthly instalments; you can even get a longer tenure. The primary aim is to get lower refinance loan interest rates. It is also used for debt consolidation, combining multiple debts into a single loan.

Refinancing is available for varied types of loans. These are car loans, personal loans and home improvement loans. Loan refinancing gives you better control over repayments, which smoothens cash flow. You can refinance from the same or a different lender.

Taking refinance loans online directly from a lender saves money. You can avoid paying a broker, which also makes borrowing time-consuming. Check and compare refinance loans to see the difference in costs. Only a brokerage will give a sharp rise in cost. Also, you may not get an unbiased suggestion.

Features of loan restructuring -

Lower rate of interest

Flexible loan terms

Fixed monthly payments

Clear and transparent loan costs

Debt consolidation option

Suitable for multiple loan types

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How do refinance loans work?

Debt refinancing works through an uncomplicated process. A few steps and the process completes to send you an instant approval decision. This is possible due to borrower-friendly features of credit refinancing.

What makes our refinancing process responsive

What makes our refinancing process responsive?

  • Instant eligibility checks – Online financial tools to know if you qualify to apply for debt refinancing.
  • Online application submission – Upload all documents digitally during a mobile-friendly process for timely borrowing.
  • Apply with bad credit – Yes, you can qualify for a bad credit refinance loan with a provable repayment ability.
  • Transparent loan terms – No hidden fee is our policy. We reveal the interest rate upfront to help you make informed decisions.
  • Personalised options - Our refinancing conditions reflect your repayment ability. You get a loan offer you can afford to repay.
  • Real-time updates – Track your loan application process in real-time and know repayment plans in no time.
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Why choose MyCreditBucks to get a refinance loan?

If you choose us for credit refinancing, it makes a difference in cost. Also, you get a smooth borrowing experience due to transparent lending policies.

Assured fixed rates

You always get the best refinance loan on fixed rates. You can plan your repayment budget efficiently.

Assured fixed rates
Fast approval decisions

A real-time online application process and an instant approval policy ensure timely solutions.

Enhance fuel efficiency<
Higher approval rate

We accept applications with bad credit as well. Also, employed, self-employed, and freelancers can apply.

Higher approval rate
Adaptable loan solutions

Get an adjusted repayment schedule if your financial circumstances change, such as an income shift.

Adaptable loan solutions
Trust and accountability

From approval to paying off the existing high-cost loan, we do everything with focus and responsibility.

Trust and accountability

What refinance loan options can you get?

Refinancing is possible in several types of loans. This includes short to long-term loans. We refinance short- to mid-term loans, depending on our loan products.

Home improvement loans

Home improvement loans

Refinance home loans for renovation, remodelling, and upgradation at affordable rates. Spread the cost over a longer tenure at a lower rate to repay conveniently.

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Car Loan

Car Loan

Reduce your monthly payments with new car refinance loan rates that replace the existing high-cost loan. Get a term that suits your budget and helps repay the loan, and remove the burden from personal finances.

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Personal loans

Personal loans

Get the loan refinanced solve multiple purposes. Also, use it as a debt consolidation loan to get a convenient loan term and a lower interest rate. This supports structured repayments, making them more manageable.

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Compare, choose and get a refinance loan

We are unbiased and believe in providing a fairer picture of available options. Ethical lending is never conservative. Decide which top refinance lenders in Ireland to choose from, as per the examples.

Lenders Loan amount Interest rate Monthly instalments Total repayments Total interest Paid
MyCreditBucks €15,000 7.5% – 9.5% €300 – €315 €18,000 - €18,900 €3,000 – €3,900
Credit Unions €15,000 8% – 10% €305 – €320 €18,300 - €19,200 €3,300 – €4,200
Avant Money €15,000 7% – 8.5% €295 – €310 €17,700 – €18,600 €2,700 – €3,600
Bank of Ireland €15,000 9% – 11% €315 – €335 €18,900 – €20,100 €3,900 – €5,100
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Frequently Asked Questions

All your queries will have an answer from our financial experts.

Can I refinance a home improvement or car loan?

Yes, you can refinance, whether it is a home improvement loan or a car loan. It replaces the existing loan with a restructured solution customized with a lower loan cost. This is what refinancing serves. It further makes a debt more affordable.

How do I refinance a car or home improvement loan?

Search a lender that offers refinancing loans and apply, such as MyCreditBucks. Now share the details to start the application process. This needs current loan details and current income. After performing a credit check, the lender approves you for a new loan deal. Once you accept the offered new terms, you can start repaying accordingly.

Is it a worthy choice to refinance a loan?

Yes, if it lowers your monthly instalment amount, interest rate, or extends the tenure, you should refinance. The new loan should fulfil any of these purposes. Only then is it worth replacing the existing loan.

How to get a quick refinance loan approval?

Affordability factors matter for approval. These are income, credit score and employment stability. Also, existing debt and its ratio to the income matter a lot. An improved credit record and regular payments of the original loans strengthen approval chances.

Is it possible to refinance a personal loan with the same lender?

Yes, many lenders, including MyCreditBucks, offer refinancing options. Hence, you can do it conveniently, especially if your repayment record for the original record is good. However, after refinancing, there will be new terms, interest rates and repayments. It is better to confirm beforehand.

Am I eligible to apply for a loan?

As long as you can fulfil the eligibility criteria for refinance, you can apply for the loan. The conditions are: minimum age of 18 years, stable income, bank account, and verified residential address.

How much can I borrow with a loan?

As per the loan type you want to refinance, you can borrow between €1000 to €50,000. Example: if you have a car loan to refinance, the amount will be bigger, as it is a secured loan. It is a secured loan with a bigger amount limit. At the same time, you must have taken a smaller personal loan. Also, the amount you have paid on the loan will affect the figure you qualify for.

What are the required documents for debt refinancing?

You need address proof, identity proof, bank and income statements, along with current loan details. Some additional documents may be required to check affordability and verify details.

Can I repay my Mycreditbucks Refinance Loan early?

Yes, you can and that too, without any repayment penalty. This is how we make borrowing affordable for our borrowers. Let us know whenever you want to do that, and we will let you know the total amount you need to pay.

Need to know more?

Take your time and know more about the refinance loans. Still have doubts? Know more through our FAQ section. You can also contact us now and receive immediate support.

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