Calculators

Refinance Calculator

Compare your current mortgage with a refinance offer — monthly savings, break-even months on closing costs, lifetime savings

Current loan

Refinance offer

Monthly savings

$326

Old payment

$1,996

New payment

$1,670

Current balance

$290,181

Break-even

12.3 mo

Lifetime savings

$45,356

New loan amount

$294,181

Closing costs assumed rolled into the new loan. Lifetime savings compares total remaining cash on the old loan vs total cash on the new loan.

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