Refinance Savings Calculator

Compare a new payment against your current loan to estimate monthly savings.

Current loan balance$540,000

Current monthly payment (P&I)$3,450

New interest rate5.750%

Loan term

Estimated monthly savings

$299/mo

New payment (P&I)$3,151

Current payment (P&I)$3,450

Est. 12-month savings$3,584

Excludes taxes, insurance, and closing costs. Use the break-even calculator next.

For illustration only. Not a loan offer, approval, or rate lock. Actual terms depend on your full application and underwriting. NMLS #362311.

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