Refinance Calculator
See your monthly savings, break-even point, and total interest comparison — live as you type.
Loan Details
Current Loan
Refinance Details
New loan total: $368,000 (balance + cash-out + costs)
New Loan
Monthly Savings
+$403
/month
Monthly Payment Comparison
Current
$2,729
/month
New
$2,326
/month
Refinance Analysis
Total Interest — Current Loan
30-year term at 7.25%
$582,334
Total Interest — New Loan
30-year term at 6.5%
$469,364
Lifetime Interest Savings
+$112,970
Break-Even Point
$8,000 ÷ $403/mo
20 months
New Loan Amount
Balance + cash-out + costs
$368,000