Loan details
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Outstanding principal to be refinanced. No commas or symbols.
Annual interest rate.
Months left on current loan.
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Exclude taxes/insurance/HOA for apples-to-apples comparison.

Refinance options
Annual interest rate for the new loan.
Typical terms: 120, 180, 240, 300, 360.
Percent of loan amount paid as points.
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Appraisal, fees, title, etc.
If checked, points and closing costs are added to the principal.
For the clearest comparison, exclude escrow amounts (taxes/insurance) from payments. This tool focuses on principal and interest only.

Results

Current monthly (P&I)
Term: —
New monthly (P&I)
Term: —
Monthly savings
Break-even: —
Total interest
Payoff difference: —
Amortization schedule for the new loan. First 12 months shown; download CSV for the full schedule.
# Date Payment Principal Interest Balance
No data yet. Enter details and calculate.
Calculations are estimates for informational purposes and exclude taxes, insurance, and HOA dues. Actual lender terms may vary.