Loan Refinance Savings Calculator
Compare your current loan to a refinanced loan to see potential monthly and total savings.
Current Loan
$
%
300 months
12 months360 months
New Loan
%
30 years
5 years30 years
$
Refinance Comparison
Current Loan
Monthly Payment$1,478
Total Remaining$443,395
New Loan
Monthly Payment$1,229
Total Payments$442,468
Monthly Savings$249
Break-Even Point1
Total Savings$926
Refinancing is recommended - you will save money over the life of the loan.