Best Lender Finder - Mortgage Refinance Calculator

The 2 minute solution to finding the best lender

Client Login

Refinance

Mortgage Refinancing Calculator

This calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs.

Enter the principal balance of your mortgage:
Enter the amount of your monthly mortgage payment:
Enter your current interest rate:
Enter the interest rate you will be refinancing at:
Enter the number of years you will be refinancing for:
Enter the closing costs:
Would you like to finance the closing costs?

New monthly payment will be if you refinance:
Monthly payment reduction: