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$1,477.98
Total Remaining$443,394.71
New Loan
Monthly Payment$1,229.08
Total Payments$442,468.29
Monthly Savings$248.90
Break-Even Point1
Total Savings$926.42
Refinancing is recommended - you will save money over the life of the loan.