Refinance Savings Calculator
See how much you could save by refinancing your mortgage at a lower interest rate.
Current Loan
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%
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yr
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Your Savings
$284 saved per month
Payment Comparison
Current Payment $2,217/mo
New Payment $1,933/mo
Monthly Savings $284
Annual Savings $3,409
Breakeven & Lifetime
Closing Costs $5,000
Breakeven Point 18 months
Current Total Cost $665,092
New Total Cost (incl. closing) $584,871
Lifetime Savings $80,221
Which best describes you?
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