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    Mortgage Refinance Calculator

    Compare your current loan to a refinance and find your break-even point

    Start here: know your DTI.

    Before rates, before house hunting — your debt-to-income ratio decides how much home you qualify for. Take 2 minutes and know your number.

    1
    Current Loan Status

    Enter what you owe today and years left on your loan

    Current Monthly Payment (P&I)
    $2,552.93
    Original: 30 yrRemaining: 26 yrPaid: 4 yr

    2
    Proposed Refinance

    New loan terms to compare

    Defaults to current balance

    Defaults to remaining term

    Proposed Monthly Payment (P&I)
    $2,272.24

    Monthly Savings

    $280.69

    Annual Savings

    $3,368.26

    Target Monthly Savings

    Find the rate you need to hit your savings goal

    $2,400

    To achieve $200/mo savings, you need:

    6.616% rate

    Smart Insights

    What you could do with your savings

    • Your $281/mo savings could help pay down high-interest credit cards faster.

    • Applying $281/mo toward extra principal could shorten your loan term.

    • That's $3,368 per year in improved cash flow.

    These calculations are estimates based on principal and interest only. Actual payments may include taxes, insurance, and other fees.