Refinance Calculator

Use our refinance calculator to see if refinancing your mortgage makes financial sense. Compare your current loan to a new one and find out how much you could save each month.

1 Enter your current mortgage information.
$

Your current remaining loan balance.

$

Principal + interest only (excluding taxes/ins.).

%

Your current annual interest rate (APR).

2 Enter your new mortgage information.

Term for your refinanced loan.

%

The interest rate on your new loan.

$

Typically 2–5% of the loan amount.

3 Compare results.

Next Steps: Talk to a refinance lender and lock in your rate!

Based on your inputs, we recommend the following lenders:

Quicken Loans

6.25%

30-yr fixed

Rocket Mortgage

6.40%

30-yr fixed

AmeriSave

6.18%

30-yr fixed