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Refinance Calculator
This calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs.
Enter the principal balance of your mortgage: (call your mortgage lender and ask for the current payoff amount)
Enter the amount of your monthly mortgage payment:
(principal and interest portion only)
Enter the your mortgage's current interest rate:
Enter interest rate you will be refinancing at:
Enter the number of years you will be refinancing for:
Enter the closing costs that will be required for refinancing:



This is how much your monthly payment will be if you refinance:
Monthly Savings:
Number of months to break even on closing costs:
This is how much interest you will pay under your current monthly payment plan:
This is how much interest you will pay under your refinanced monthly payment plan:
This is how much interest you will save if you refinance:
Net Refinancing Savings (interest savings less closing costs):





testimonials
"I just wanted to take this opportunity to pass along my compliments for the dedication and professionalism in guiding us through the refinancing process. You were the first to respond, you maintained daily communications with us at key junctures, and you demonstrated patience and flexibility in working through each phase."
Oakton, VA
"You are an absolute guru at making this process super-simple and fast! When a friend of mine told me they were refinancing because rates were so low, I checked into it. After talking with you, you actually got this deal refinanced BEFORE my friend did. They don't even close until next week. Thanks again and, not that you need a reference, but I would be happy to provide."
Warrenton, VA
"We just finished with the settlement. Everything went very well! I just wanted to say thank you for your help through this whole refinancing process. You have been extremely courteous, responsive and professional during the entire transaction which made it a very painless routine."
Alexandria, VA
 
 
 
prequalified