Refinance Calculator
Compare current and new mortgage payments, closing costs, and fee break-even time.
New monthly payment
$1,690.44
saves $333.42/month before fees
Current payment$2,023.86
Payment difference−$333.42/month
Closing-cost break-even1 year 3 months
Current total remaining payments$607,157.77
New total payments incl. fees$608,558.06
Compares fixed-rate payments and simple closing-cost recovery. A new term can increase total interest even when the payment is lower.
About the Refinance Calculator
Compare current and new mortgage payments, closing costs, and fee break-even time.
It runs entirely in your browser — nothing you type is sent to a server — and the result updates as you edit the inputs. Estimates are for educational and informational purposes only; see ourdisclaimer.
Common searches
- refi
- new rate
- closing costs
Related calculators
Browse more inFinancial.