Over the last couple of years with interest rates at a 40-year low, many people refinanced their mortgages. Even though rates have crept up over the last couple of months, refinancing may make sense for you. Use the calculator to analyze your situation.
Current Loan Information
Current loan balance ($)  
Annual interest rate  
Number of months remaining  
Proposed Loan Information
Annual interest rate on new mortgage: (%)  
Number of months (30 yrs = 360)  
Loan origination fee: (%)  
Other fees/discount points: (%)  
Other fees: ($) ($)  
Include closing costs in loan amount?  
Calculated results are estimates for illustrative purposes only. Actual savings and payments results will depend on the terms, amounts, and rate in your account. The calculator result does not constitute an offer for a loan; does not account for creditworthiness or other loan eligibility factors; and does not account for all fees or insurance that may apply. The calculator does not constitute a guaranteed financial outcome.