Refinance Calculator – Mortgage Refinance Calculator

Calculate refinancing savings and break-even point. Determine if refinancing makes financial sense.

Refinance Calculator – Mortgage Refinance Calculator

Calculate refinancing savings and break-even point. Determine if refinancing makes financial sense.

Remaining mortgage balance

Current mortgage rate

New refinance rate

Years left on current mortgage

New mortgage term

Refinancing closing costs

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Monthly Savings
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Financial calculation complete

When to Consider Refinancing

Refinancing can save money if rates have dropped, your credit has improved, or you want to change loan terms. Consider closing costs and how long you plan to stay in the home.

How to Use This Calculator

Follow these simple steps to get accurate results:

  1. Enter your current loan balance
  2. Enter your current interest rate (%)
  3. Enter your new interest rate (%)
  4. Enter your remaining term (years)
  5. Enter your new term (years)
  6. Enter your closing costs
  7. Click the "Calculate" button to see your results
  8. Review the detailed breakdown and explanation

Why Use Our Refinance Calculator – Mortgage Refinance Calculator?

  • 100% free and no registration required
  • Instant, accurate calculations with professional formulas
  • Mobile-friendly design that works on any device
  • Privacy-focused - your data never leaves your browser
  • Educational content to help you understand the results

Frequently Asked Questions

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