Mortgage Refinance Calculator
Calculate potential savings from refinancing your mortgage with our refinance calculator.
Category: Calculator
Current Mortgage
Enter details about your existing mortgage
5.5%
30 years
25 years
Current Monthly Payment:$1,703.37
New Mortgage
Enter details about your refinanced mortgage
4%
30 years
New Monthly Payment:$1,432.25
Refinance Results
See how refinancing affects your mortgage
Monthly Savings
$271.12
Break-Even Point
N/A
Total Lifetime Savings
$76,336.34
Over 25 years
Should you refinance?
Refinancing could save you $76,336.34 over the life of the loan. You'll break even on closing costs in Infinity months.
Savings Over Time
- Cumulative Savings