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Refinance Calulator

Only Calculator that you need

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Enter the original loan amount for your home
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Enter your original loan interest rate
Enter your original loan term
Enter the date of your first payment

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What is the payoff amount for your current loan?
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Choose the length of the loan term you plan to use.
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Closing costs are typically between 1-3% of the loan amount, but you can enter any number to compare costs.
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A cash-out refinance means your new loan amount is higher than your existing mortgage, and you’re receiving the difference in cash. Enter that cash amount here.

Current Payment

$1,267

per month

New Payment

$1,123

per month

Current monthly payment is higher than new monthly payment.