Refinance Calculator

For some, refinancing your mortgage can help save you money by lowering your interest rate on your monthly mortgage payments. For others, a refinance can be a good way of tapping into the equity of your home. Looking to refinance? Use this helpful calculator to see if refinancing is the right decision for you!

Please input your details below to see your results.

The results are based on information you enter and are for illustrative purposes only. The results cannot be guaranteed.


Refinance Calculator

See if you should refinance your mortgage. Enter the details of your current home loan along with details of a new loan to estimate your savings and see if refinancing is right for you!

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Sorry, refinancing will not save you money

Refinancing could save you:

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With a new monthly payment of:

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Current Monthly Payment

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New Monthly Payment

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Breakeven in
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Savings after 10 years
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Savings after 20 years
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Lifetime savings of new loanExtra lifetime cost of new loan
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Refinance Calculator Disclaimer

Payment does not include property taxes or insurance, and if applicable, your payment obligation will be greater. The savings amounts are all estimates and based on you making timely payments over the life of the loan. By refinancing your current mortgage loan with a new mortgage loan that extends beyond the life of your current mortgage loan, your finance charges may be higher over the life of the new mortgage loan.

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