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Current Loan
Enter your existing mortgage details.
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yr
New Refinance Loan
Compare against a new rate and term.
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yr
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Refinance Comparison
Side-by-side look at your current loan vs. a refinance.
Summary$283.35/mo saved
$2,227.70
Current Payment
$1,944.35
New Payment
+$283.35
Monthly Difference
1 yr 4 mo
Break-Even on Closing Costs
Detailed Comparison
| Current Loan | After Refinance | |
|---|---|---|
| Monthly P&I | $2,227.70 | $1,944.35 |
| Remaining Term | 28 yr | 30 yr |
| Total Interest (from today) | $428,508 | $379,967 |
| Closing Costs | — | $4,500 |
| Interest Saved | $48,541 | |
Refinancing could save $48,541 in total interest with a lower monthly payment.