Free calculator
Refinance calculator
See what refinancing your current mortgage could do to your monthly payment — no name, phone, or email required.
See it before you share anything
What could refinancing save you?
A quick, anonymous estimate — no name, phone, or email required. Adjust the numbers to match your loan.
Your payment now
$2,523/mo
At today's example rate (6.35%)
$2,261/mo
Estimated monthly savings
$262/mo
An example, not a rate quote — principal & interest only, doesn't include taxes, insurance, or closing costs. Your actual rate depends on credit, program, and when you lock.
Get my real rateHow this estimate works
This calculator compares the principal-and-interest payment on your current loan balance and rate against an example rate at today's market, using a standard amortization formula. It doesn't include property taxes, homeowners insurance, HOA dues, or closing costs — your actual new payment will depend on those, plus the specific program and rate you lock with a lender.
Refinancing generally makes the most sense when the new rate is meaningfully lower than your current one, when you plan to stay in the home long enough to recoup closing costs, or when you want to switch loan types (like moving from an ARM to a fixed rate) or shorten your term.
See what you could save — it only takes a couple of minutes.
Check my optionsNo impact to your credit score · No obligation to proceed