Estimate

Refinance Estimate

See your estimated new payment, monthly savings, and how long it takes to recover the costs.

Current loan

Where you are today.

We use property location to improve estimated taxes, closing costs, and availability details.

New loan

The estimated refinance scenario.

Availability may vary by property location.
Estimated monthly savings
$276/mo
Old $2,382 → new $2,106 P&I
Estimated break-even
1 yr 10 mo
Months to recover nonrecoverable costs
New loan amount
$356,000
Includes $6,000 financed costs
Estimated LTV
71.20%
Based on your estimated value
Estimated cash due at closing
$0
Costs are financed
Lifetime interest difference
$76,693 saved
Old $478,808 vs new $402,115

Assumptions behind this estimate

Early estimate
  • Estimated home valueBorrower-provided

    The home value is your estimate. Loan-to-value results will change with an appraisal.

  • Estimated current paymentEstimate

    Your current principal-and-interest payment was estimated from your balance, rate, and remaining term because it was not provided.

  • Estimated payoff amountEstimate

    The payoff amount was estimated from your current loan balance. An actual payoff quote includes accrued interest and fees and is usually slightly higher.

  • Closing costs as providedBorrower-provided

    Closing costs are based on the amount you provided and have not been verified with a fee provider.

Ready to compare?

Send these numbers into a side-by-side estimate comparison.

Pre-application results are estimates based on information provided and are not a formal Loan Estimate, loan approval, or commitment to lend. A formal Loan Estimate is provided after a mortgage application is submitted with the required information.