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Interactive calculator

Refinance analyzer

Estimate savings, penalties, and cash out before you switch lenders.

Calculation notes

Methodology for the refinance analyzer

Compare your current mortgage to a refinance option and see savings or costs.

Use it to decide if the penalty is worth paying.

Inputs to check

  • Current balance and rate
  • Remaining term
  • New rate and term
  • Penalty and fees

Assumptions

  • Assumes constant rates during the compared term.
  • Fees are entered as fixed values.
  • Results are estimates, not lender quotes.