1. Home
  2. Finance & Investing
  3. #

Refinance Calculator

Original Amount
Interest Rate
%
Loan Term
Years
Remaining
Years Months
Interest Rate
%
Loan Term
Years Months
Points
Cash Out Amount
Costs
Refinance
Savings For New Loan {{result.totalTable.savingMonth}} Pre Month
Lifetime Savings For New Loan {{result.totalTable.lifetimeSaving}}
Upfront Cost {{result.totalTable.upfrontCost}}
Current Loan New Loan Difference
Principal/Loan Amount {{result.totalTable.originalRemainingAmount}} {{result.totalTable.newRemainingAmount}} {{result.totalTable.amountDiff}}
Length {{result.totalTable.remainingMonths}} {{result.totalTable.newLoanMonths}} {{result.totalTable.monthsDiff}}
Interest Rate {{result.totalTable.originalInterest}} {{result.totalTable.newInterest}} {{result.totalTable.interestDiff}}
Monthly Pay {{result.totalTable.originMonthlyPayment}} {{result.totalTable.newMonthlyPayment}} {{result.totalTable.monthlyPaymentDiff}}
Total Payments {{result.totalTable.totalPayment}} {{result.totalTable.newTotalPayment}} {{result.totalTable.totalPaymentDiff}}
Total Interest {{result.totalTable.totalInterest}} {{result.totalTable.newTotalInterest}} {{result.totalTable.totalInterestDiff}}
Points Equivalent To {{result.totalTable.pointsCost}}
Cost + Points (Upfront) {{result.totalTable.pointsWithCost}}
Time to Recover Cost/Point {{result.totalTable.recoveryTimeVal}}

Refinance Calculator could help you calculate monthly payments, amortization, total purchase price, and more, and discover the potential savings and benefits of refinancing your mortgage. Analyze various scenarios, compare loan options, and make informed decisions to optimize your finances.


Whether you're looking to lower your monthly payments, reduce your interest rate, or shorten your loan term, our calculator empowers you to explore different scenarios and make informed decisions about your mortgage.


What is Refinancing?

Refinancing involves replacing your existing mortgage with a new one, typically to obtain better terms, lower interest rates, or adjust the loan duration. By refinancing, homeowners can potentially save money over the life of their loan and improve their financial situation.


How Does the Refinance Calculator Work?

Our Refinance Calculator takes into account various factors, including your current mortgage details, proposed new loan terms, closing costs, and potential savings. By inputting this information, you can analyze different scenarios and determine the financial impact of refinancing.

Featured Tools
Featured tools that you might find useful.

Popular Tools
List of popular tools that users love and frequently use.

New Tools
The latest tools added to our collection, designed for you.

Topics
The tools grouped by topics to quickly find what you need.

Related Tools

The compound interest calculator can calculate the compound interest according to the calculation frequency of day, week, month or year by setting the initial capital investment, annual interest rate and period. Compound interest refers to the interest calculation method in which the interest of a certain interest period is calculated by adding the total amount of interest accumulated in the previous period to the principal, which is commonly referred to as

Compound Interest Calculator
The compound interest calculator can calculate the compound interest according to the calculation frequency of day, week, month or year by setting the initial capital investment, annual interest rate and period. Compound interest refers to the interest calculation method in which the interest of a certain interest period is calculated by adding the total amount of interest accumulated in the previous period to the principal, which is commonly referred to as "rolling interest".
Loan calculator online tool

Loan Calculator
Loan calculator online tool
Internal Rate of Return (IRR) Calculator is a calculator of calculating an investment’s rate of return. It could calculate IRR base on your input of outflow and inflows.

IRR Calculator
Internal Rate of Return (IRR) Calculator is a calculator of calculating an investment’s rate of return. It could calculate IRR base on your input of outflow and inflows.
Net Present Value (NPV) Calculator is a calculator of calculating Net present value. It could calculate NPV base on your input of outflow and inflows.

NPV Calculator
Net Present Value (NPV) Calculator is a calculator of calculating Net present value. It could calculate NPV base on your input of outflow and inflows.