Refinance Calculator

Refinance Calculator

Calculate your potential savings when refinancing your mortgage. Compare current and new loan terms to see if refinancing makes financial sense for you.

Current loan

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%
$

New loan

$
Current loan balance plus cash-out
$
The amount of additional money you want to take out
%
$
Estimated closing costs

Refinancing will save you $124,251.81 per month

Total Saved Payment Over Time

Visualize how total saved payment changes over 30 years of refinancing.

Lifetime savings:$124,251.81
Refinance costs:$3,654.00
New monthly payment:508/mo

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