Online Mortgage Refinance Calculator



Welcome to our handy (and free) online mortgage refinancing calculator.

House and a Calculator - Illustration - Mortgage RefinancingSimply plug in the required information below and our program will let you know whether or not you will save money (and how much) if you refinance.


CURRENT MORTGAGE INFORMATION

Size of Original Mortgage $

Original Interest Rate (ie 5 for 5%)

Length of Original Mortgage (in years)

Number of Payments Made:


NEW MORTGAGE INFORMATION

New Interest Rate:

Length of New Mortgage (in years):

Total Points* (ie 2 for 2 Points)

Additional Estimated Costs** $





* Points are the % that the refinancing bank will charge you

** Additional costs include lawyer fees, closing costs, etc.


Workspace:

Calculations will appear below once you have submitted the form above.