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
$
%
$
New loan
$
Current loan balance plus cash-out
$
The amount of additional money you want to take out
%
$
Estimated closing costs
Refinancing will cost you $118,539.15 more over the life of the loan
Total Saved Payment Over Time
Visualize how total saved payment changes over 30 years of refinancing.