Mortgage Refinance Calculator: Is Refinancing Worth It?

Thinking about refinancing your mortgage? Our Mortgage Refinance Calculator can help you determine if it’s the right financial move. By comparing your current loan with potential new loan options, you can see potential savings, understand your break-even point, and make an informed decision.

Compare Your Refinance Options

Original Loan Amount:

Current Balance:

Original Loan Term (Years):

Time Remaining on Loan (Years):

Current Interest Rate (%):

New Interest Rate (%):

New Loan Term (Years):

Closing Costs ($):

Extra Monthly Payment (Optional):

Frequently Asked Questions

When is it worth refinancing a mortgage?

Refinancing your mortgage is generally considered worthwhile if you can secure a significantly lower interest rate or reduce your monthly payment.

Mortgage Refinance Calculator: Is Refinancing Worth It?

Compare Your Refinance Options

Your Refinance Summary

Frequently Asked Questions