Refinancing Calculator

Is refinancing worth it?

Answer some questions about your mortgage and we'll crunch the numbers.

Original loan

Let's start with your current mortgage. We'll use this to base our calculations and ensure that our estimates are as accurate as possible. All the required information should be available in your loan documents.

Original loan amount

Original mortgage term

Original interest rate

Origination month and year

New loan

Now let's talk about what your refinanced loan would look like so we can compare. We've provided some estimates on mortgage rates and closing costs based on current market averages.

Loan Amount

This is calculated based on your estimated remaining loan balance.

New mortgage term

New interest rate

Estimated closing costs

Refinancing closing costs are typically between 2% and 6% of your loan

Estimated sell year (optional)

Please note that this calculator is intended for general planning purposes only. To best understand your situation and options, please consult with a financial adviser or with a loan officer who will have the most up to date and accurate information. If you have general questions or need help, reach out to our support.