Mortgage Refinance Calculator
Calculate your potential savings by refinancing your mortgage.
Remaining Mortgage Balance ($):
Current Monthly Payment ($):
Current Interest Rate (%):
Refinance Interest Rate (%):
Refinance Term (Years):
Closing Costs:
Percentage Points (%)
Dollar Amount ($)
Finance Closing Costs:
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New Mortgage Payment ($):
Monthly Payment Reduction ($):
Months to Offset Closing Costs:
Total Interest (Current Plan) ($):
Total Interest (Refinance Plan) ($):
Interest Savings ($):
Net Refinancing Savings ($):