Is refinancing your mortgage the right move for you? Use our simple refinance calculator to run the numbers on your personal refinance scenario.
Extra Payment Mortgage Refinance Calculator
See if you should refinance your mortgage. Enter the details of your current home loan along with details of a new loan to estimate your savings and see if refinancing is right for you!
Current Mortgage
New Mortgage
Loan Amount
$
$
Interest Rate
%
%
Loan Term
Years
Years
Start of Payment
Extra Principal Payment
$
Refinance Saving
per month
New Payment
/month
Most homeowners chose to refinance their current mortgage to lower their monthly payment, cash-out some of their home equity, pay off their mortgage faster, get rid of FHA mortgage insurance, or switch out of an adjustable-rate mortgage.
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