Refinance Calculator
Free mortgage refinance calculator. Compare current vs new loan to see if refinancing saves money.
Side by Side
Compare current mortgage with refinanced loan terms.
Break-Even
Calculate how long until closing costs are recovered.
Total Savings
See lifetime interest savings from refinancing.
FAQ
When should I refinance?
Generally when you can lower your rate by 0.5-1% or more, plan to stay 3+ years, and the savings exceed closing costs.
What are typical refinance closing costs?
Usually 2-5% of the loan amount ($3,000-$10,000 on a $200K loan).