Practical tools for smarter home financing.
Refinance Calculator
Compare your current loan to a new one. See payment change, breakeven, and total interest saved.
Current Loan
Use the note/contract rate from your statement.
Used for the new amortization schedule and breakeven date.
New Loan
Complete this if you plan on pulling equity from your home.
If unchecked, closing costs are paid out-of-pocket at closing.
Results
Current P&I
$—
Principal (1st mo)
$—
Interest (1st mo)
$—
New P&I
$—
Principal (1st mo)
$—
Interest (1st mo)
$—
Monthly Savings
$—
Breakeven
—
Breakeven Date
—
Lifetime Comparison
$—
Interest (old remaining)
$—
Interest (new total)
$—
New Loan Amount
$—
Payoff Dates
—
Old Payoff
—
Term Difference
—
Notes
Payment-only savings shown. Taxes/insurance/HOA not included.
New Loan Amortization
Showing first 12 payments. Toggle to see full schedule.
| # | Date | Payment | Principal | Interest | Ending Balance |
|---|
Refinance Results