Refinance Calculator
Compare your current mortgage with refinancing options
Current Loan
$
%
months
Range: 1 - 360
New Loan
%
years
Range: 10 - 30
$
Refinancing makes sense!
You could save $14,074.30 over the life of the loan.
Current Monthly Payment
$1,766.95
New Monthly Payment
$1,419.47
Monthly Savings
$347.48
Break-Even Point
15 months
1.3 years
Total Current Cost
$530,084.40
300 payments remaining
Total New Cost
$516,010.10
Including $5,000.00 closing costs
Cost Comparison
Keep current loan$530,084.40
Refinance (new loan + closing)$516,010.10
You save$14,074.30
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