Mortgage Tool

Refinance Calculator

Compare your current loan to a new rate and term to see if refinancing makes financial sense for you.

Current Loan

$
%
$

Principal & interest only

New Loan

%
$

Typically 1–3% of loan amount

Estimated Monthly Savings

$379

per month

Refinance Summary

Current Monthly Payment$3,150
New Monthly Payment$2,771
Monthly Savings$379
Closing Costs$8,000
Break-Even Point1y 10m

Savings Over Time (after closing costs)

5-Year Savings$14,756
10-Year Savings$37,513
30-Year Savings$128,538

Refinancing may be worth it — break-even in 22 months

Speak With a Mortgage Advisor

Not sure which calculator to use? Get a personalized mortgage review based on your goals, income, assets, and loan scenario.

Schedule a Consultation

Thinking about refinancing?

Ajay will review your current loan and find the best available rate for your situation.

These tools are for estimate and education purposes only. They do not represent a loan approval, locked interest rate, final payment, or commitment to lend. Actual eligibility and payment depend on credit, income, assets, debts, property type, loan program, market conditions, and final underwriting approval.

Ready to Move Forward?

Thinking About Refinancing? Let's Review Your Options.

Ajay will review your current loan and find the best available rate for your situation — no pressure, just clarity.

These tools are for estimate and education purposes only. They do not represent a loan approval, locked interest rate, final payment, or commitment to lend. Actual eligibility and payment depend on credit, income, assets, debts, property type, loan program, market conditions, and final underwriting approval.