Mortgage Refinance Calculator

Find out if refinancing your mortgage is right for you. Fill in the fields and this calculator determines how much interest you'll save. It also shows you how long it will take to break even on closing costs with your reduced monthly payment.

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Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.