Free tools

Repair or replace the fridge

When the fridge starts failing the choice has a clock on it, but the arithmetic is the same two-sider: what a repair would cost against what a replacement would. Each side is counted over its own expected span — the years are your estimates — and lands on a cost per year, the one figure both sides share. No winner is declared.

Repair it
Fix the one you have
$
more years

Your estimate, not the page's

$

Not counted while this is $0

Cost a year
Replace it
Buy another one
$
years

Your estimate, not the page's

$

Not counted while this is $0

$

Comes off the replacement

Cost a year
Cost a year, each over its own life
Repairing
a year
Replacing
a year
Enter a cost for each

Put in what the fix would cost and what a replacement would cost. Nothing here is read from your accounts, and nothing is saved.

What each would total, over its own span
Repairing — over 3 years
Replacing — over 12 years

The breakdown
RepairingReplacing
Up front
Running costs over its life
Total over its life
How long that covers
Cost a year
Cost a month

This is one of the tools built into Keep Above

Keep Above is a budgeting app where you enter your bills and income and it works out the balance you need to keep — so you can see what's safe to spend. No bank connection, no ads on your data.

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About this calculator

What counts as the repair cost for a fridge?

The full quoted cost of having this fridge cooling again — call-out, parts such as a compressor or door seals, and labour. The cost per year spreads that whole amount over the extra years you think the repair would buy, so a partial figure would understate the repair side.

What goes into running costs a year here?

A fridge runs all day, so a real difference in power use between the old one and a replacement shows up every year on the bill — that difference is what the running-costs boxes are for. Where the two would draw much the same, leaving both at $0 keeps the comparison to the up-front figures.

What is the matching time?

The number of years the repair would have to carry the fridge for its cost per year to match the replacement's — a position in the arithmetic, nothing more. When running the old one already costs more each year than the whole replacement does all-up, no length of time would match, and the page says so.

What about selling or scrapping the old one?

Whatever the old fridge would fetch — a sale, scrap, or a retailer's trade-in on the new one — comes off the replacement's cost. The up-front figure can't go below zero, but the lifetime total can: an old unit worth more than the replacement genuinely pulls it down.