Refinance Calculator

Refinance Calculator,Mortgage refinance calculator,Property Refinancing Calculator online free

Current Loan

New Loan

Cash Out and Cost

There was an error with your calculation.

Refinance
Savings for the new loan $278.00/month
lifetime savings for the new loan $83,400.00
upfront cost $6,583.26
CURRENT LOAN NEW LOAN DIFFERENCE
Principal/Loan Amount $279,163.18 $273,579.92 $-5,583.26
Length 300 months 300 months 0 months
Interest Rate 6% 4.5% 1.5%
Monthly Pay $1,798.65 $1,520.65 $-278.00
Total Payments $539,595.00 $456,195.00 $-83,400.00
Total Interest $260,431.82 $182,615.08 $-77,816.74
Points Equivalent To $5,583.26
Cost + Points (Upfront) $6,583.26
Time to Recover Cost/Point 23.68 months

Use the refinance calculator to find out how much money you could save every month by refinancing. Calculate your potential savings.Use our refinance calculator to compare rates and make an informed decision about changing financial institutions.

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