Refinance Calculator

Current balance ($)

Current rate (%)

Remaining term (years)

Current payment ($/mo)

New loan

New rate (%)

New term (years)

Fees & costs ($)

Discount points (%)

Advanced options

Cash out ($)

Cash in ($)

Pay closing costs

Compare over (years)

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Results

Example comparison using the prefilled values.

Remaining balances

Current loanNew loan

Payment composition

Comparison table & amortization

Measure	Current	New

Year	Current balance	New balance

Fixed-rate principal & interest only. Taxes, insurance, PMI, variable rates, and tax effects excluded. Cash out is borrowed funds, not savings. Payment break-even is not the same as total-cost benefit.