Refinance Calculator

Enter the original loan amount for your home

Enter your original loan interest rate

Enter the date of your first payment

What is the payoff amount for your current loan?

We’re using the current average mortgage rate to calculate payments. Your actual rate may vary.

Choose the length of the loan term you plan to use. Standard loan terms are 15 or 30 years.

Closing costs are typically between 1-3% of the loan amount. Your current default value is 1% of the loan amount you entered, but you can enter any number to compare costs.

A cash-out refi means your new loan amount is higher than your existing mortgage, and you’re receiving the difference in cash. Enter that cash amount here.