Does refinancing make sense for you? Calculate how much you could save by refinancing and see what your new monthly payments would be. These results are provided for illustrative purposes and may vary from your actual loan.All fields are required.
Step 1: Your existing mortgage
Step 2: Your refinanced mortgage
Step 3: See your results
These results assume a fixed interest rate on your refinanced mortgage.
Refinancing could increase your monthly payment by this amount per month:
Refinancing over the life of your new loan, including closing costs, could save you this amount:
If you refinance, your monthly savings could balance out your closing costs in: