Refinance Comparison Calculator
This tool helps you decide whether or not it is a good time to refinance your mortgage loan.

Existing Loan
What's the current balance of your loan?   $  
What's the remaining term of your loan?   yrs
mo
What's the current interest rate of your loan?   %
Proposed Loan
What will be the term of your new loan?    
What interest rate do you want to use for your new loan?   %
What are your estimated closing costs?   $  
How long do you plan to stay in this house?
If you don't know, you can use an average stay of 7 years		   yrs


Short Term Monthly Savings/Loss

    How does your short-term financial picture change with this loan? ?
    Existing Loan Proposed Loan Savings/(Loss)
  Monthly Payment


Long-Term; Time in this House

    What does your financial picture look like in the long term?
    Existing Loan Proposed Loan Long-Term
Savings/Loss
  Total Payments
  + Closing Costs
  + Payoff Amount
  = Total Cost