Our “Mortgage Refinance Savings Calculator” shows the total savings you can expect if you were to refinance your current mortgage to a lower rate mortgage.

You can also factor in reasonable closing costs and appraisal fees. Generally, it’s a good idea to factor in closing costs between 1% to 2% of your loan amount and an appraisal cost of between $570 to $900.

The use of this calculator and/or the simulations does not constitute or imply an offer to extend terms as simulated. If you’re interested in getting a personally customized loan estimate, please complete our loan application

This calculator provides for basic costs and fees, there may be other costs and fees based on your individual circumstances, property type and other factors. It’s always best to review your situation with your loan officer to get the clearest picture when making any decisions.

Current Loan Details

Enter your current loan details in the column below

New Refinance Loan Details

Enter details of your new refinance loan in the column below























































Current Monthly Payment






New Monthly Payment

$0.00

Current Loan Monthly Payment

$0.00

New Refinanced Loan Monthly Payment


Total Repayment Before Refinance

$0.00

Current Loan Total Repayment Amount


Total Interest on Loan After Refinance

$0.00

Current Loan Total Interest


Total Repayment After Refinance

$0.00

New Refinanced Loan Total Repayment Amount


Total Interest on Loan After Refinance

$0.00

New Refinanced Loan Total Interest


Total Monthly Savings on Installments

$0.00

Total Interest Saved After Refinance

$0.00

Total Interest Saved After Refinancing



Break Even on Closing Costs

0.00

# of Months to Break Even Period on Closing Costs