Should You Refinance?

Use this calculator to figure out your new monthly payment and compare it to your current monthly payment. These results are for estimating purposes only and your actual payments will vary.

Put Current Monthly Mortgage Payment Here

Enter Your Current Monthly Mortgage Payment (principal and interest only. Do not include tax or insurance impound payments)

Put New Loan Data Here

Years: Interest:    Points Loan Amount:  $ 


New Monthly Principal and Interest Payment


Current Monthly Payment  $ 
Non-recurring Closing Costs  $   Note: This is an approximate Closing Cost and applies only to first mortgages.  A more accurate estimate will be calculated upon loan submission.
Points  $ 
Total Approximate Cost of Refinancing  $ 
Payment Comparison
Approximate Payback Period
Note: Your payback period should be 48 months or less, unless you are planning to keep your home for more than 5 years.

To get your Mortgage Rate, go to "Current Rate Page" to find the rate and points for your particular mortgage type.