Refinance Calculator

Should you refinance? Use our calculator to estimate how much money you can save by refinancing your mortgage to a lower rate or shorter term.

Our refinance calculator can help you determine if refinancing your mortgage loan makes sense. Refinancing may be an option if you have high-interest rate mortgage, an adjustable-rate loan, or maybe your payments are becoming unmanageable. By refinancing, you may be able to lower your monthly payments, shorten the term of your loan, or move into a more secure loan.

Mortgage Refinance Calculator

See if you should refinance your mortgage. Enter the details of your current home loan along with details of a new loan to estimate your savings and see if refinancing is right for you!

Current Mortgage
New Mortgage
Loan Amount
Interest Rate
Loan Term
Start of Payment
Extra Principal Payment

Refinance Saving

per month
Lifetime Savings
New Payment
Payoff Period
Calculator By: Choice Home Mortgage

Mortgage Calculator

Please fill out the information below to have your mortgage analyzed