Mortgage Refinance Calculator: Should You Refinance?
Compare your current mortgage with a new one to see monthly savings, break-even point, and lifetime savings from refinancing.
How to Use the Refinance Calculator
1
Enter your current loan balance, interest rate, and remaining years.
2
Set the new loan rate, term, and closing costs for the refinanced mortgage.
3
Review your monthly savings and break-even timeline to decide if refinancing makes sense.