REFINANCE CALCULATOR · FREE · NO LOGIN
Refinance calculator
savings · break-even
Compare your current loan with a refinance. See the new payment, monthly savings, break-even and total interest.
$0Current payment
$0New payment
$0Monthly savings
0Break-even (months)
$0Interest change
Edit values and click Compare.
How this calculator works
It calculates the current and new principal-and-interest payment from the balance, rate and term. Monthly savings is the difference. Break-even is closing costs divided by monthly savings. The interest change compares the remaining interest on the current loan with the total interest on the new loan; a lower payment with a longer term can still cost more overall.
It does not include escrow, taxes, insurance, HOA or lender fees beyond the closing costs you enter. This is not a loan offer or financial advice.
No login, no upload. A free utility by XGame.