Refinance Calculator

Compare your current mortgage to a new loan and see how much you could save

Current Loan

Current Balance$380,000
$50,000$2,000,000
Current Rate7.50%
3.000%12.000%
Years Remaining28 years
130

New Loan

New Rate6.50%
3.000%10.000%
New Term:
Cash-Out Amount$0
$0$200,000
Closing Costs$5,000
$0$20,000

Monthly Savings

+$307

Break-even: 16.3 months

Comparison

Current Payment$2,709
New Payment$2,402
Monthly Savings+$307
Annual Savings+$3,684

Great opportunity! You'll break even in less than 2 years.

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CA DRE #01212512 • NMLS #2787839 • Equal Housing Lender