Refinance Calculator

A refinance calculator that compares your current mortgage to a new loan scenario.
Am I Better Off Refinancing?

Am I Better Off Refinancing?

Compare your current mortgage with a new refinance scenario, including optional cash-out and extra payments, to estimate monthly savings, interest impact, and payoff timing.

Refinance Comparison Calculator

Compare current and new loan scenarios with optional cash-out, extra payments, charts, and amortization schedules.

What this calculator shows
Current monthly payment versus new loan payment
Total interest comparison for current and new loan
Cumulative interest and balance-over-time charts
Amortization schedule comparison for current and new loan

Refinance Scenario Calculator

Monthly Savings
$0
Interest Difference
$0
Positive means the refinance saves interest. Negative means the new loan costs more over time.
New Loan Payoff
0y 0m
Current Loan Details
$
%
years
years
months
New Loan Details
$
Usually the remaining balance plus any cash out.
%
years
Extra Payments on New Loan
$
yr
yr
Current Loan
$0
Remaining Balance$0
Remaining Term0y 0m
Interest Remaining$0
New Loan
$0
New Loan Amount$0
Payoff0y 0m
Interest on New Loan$0
Monthly Payment Comparison
Total Interest Paid Comparison
Cumulative Interest Paid Over Time
Loan Balance Over Time
Compare Amortization Schedules
Year Payment Principal Extra Interest Balance
solutions

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