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Refinance Savings Calculator

Compare your current loan vs. refinancing options to see if you can save money.

How It Works

This calculator compares your current loan to a refinanced option:

  • Calculates total cost of current loan
  • Calculates total cost of refinanced loan including fees
  • Shows monthly payment difference
  • Determines break-even point

The break-even point tells you how long until the refinance saves you money after accounting for fees.

Frequently Asked Questions