Refinance Savings

Break-even, monthly savings, and lifetime interest impact — instantly.

Inputs

Current loan balance

Current rate

Remaining term

years

New rate

New term

years

Closing costs (rolled in)

Results

Monthly savings$327

Current payment$2,281

New payment$1,955

Break-even18.4 months

Interest — current path$446,475

Interest — new path$383,632