Refinance Calculator

1-877-HOME500


Here's a quick way to calculate whether refinancing makes sense.

This calculator uses fixed rates only because adjustable rate mortgages provide for interest rate and payment changes throughout your loan. Please 
call us to see if an adjustable rate mortgage can save you money
Current monthly mortgage payment:
Outstanding loan amount:
Amount of your monthly payment for taxes and insurance:
(Check your monthly mortgage bill or other loan documents; remember to include private mortgage insurance if applicable.)
Number of years you'd like to finance your loan over:
Your Current Interest Rate:

 
Your approximate new monthly payment would be:
The number of years of living in your home 
for refinancing to pay for itself:
(based on average closing costs of $1900 plus points, 
depending on your area and loan size)
Remember, closing costs can often be financed into the loan amount.