Mortgage Refinance Calculator
If mortgage rates have decreased since you financed your home, it may be a good idea to consider refinancing your mortgage. You could potentially lower your monthly payment, pay less over the life of your loan, or both. Determining if refinancing makes sense for you depends on multiple factors, including the difference in your existing rate versus your potential new rate, how long you plan to stay in your home, and your financial goals.
This calculator is provided for your convenience. The accuracy of the calculation is not guaranteed. It is not intended as an advertisement, a disclosure statement under any consumer law, or an offer of tax, legal, financial or investment advice, and the calculator is not guaranteed to be applicable to your circumstances. It is not a guarantee of the availability of any particular loan product or interest rate or an offer to make a loan.