Refinance Savings Calculator
Compare your current mortgage with a new fixed-rate loan. See the payment change, closing costs and what you would still owe.
CHOOSE YOUR REFINANCE GOAL
What do you want to compare?
Lower my payment or interest costCompare one current fixed mortgage with one replacement mortgage.Borrow cash from my homeCompare a larger refinance with keeping the first mortgage and adding a fixed second loan.Combine my first and second mortgagesCompare keeping two fixed loans with replacing both balances using one mortgage.
Different loan structures need different calculators so their costs and risks are not mixed together.
01 / YOUR SCENARIO
Start with your numbers.
Fixed-rate, fully amortizing loans only. Enter principal and interest, excluding escrow.
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Calculations run in your browser. Your inputs are saved to your account only if you choose the watchlist and confirm Save my watchlist.
02 / THE COMPARISON
The whole picture,
before the next step.
Enter your assumptions to compare payments and modeled costs. There is no live rate feed or eligibility assessment here.
Payment change
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Closing costs and remaining debt
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Your time horizon
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Closing costs and remaining debt
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Your time horizon