Loan Refinance Calculator

1. Current Loan: Balance, rate, and remaining time.
2. New Loan: Proposed rate, term, and closing costs.
3. Calculate: Monthly savings and lifetime savings.

The Refinance Calculator helps you decide if it makes financial sense to replace your current loan with a new one.

It compares your current interest costs against the new loan's costs (including closing fees) to find the "Break-even Point".