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Refinance Savings Calculator
Calculate potential savings from refinancing your mortgage
Current Loan
New Loan Terms
Refinance Analysis
Monthly Payments
$1995.91
Current Payment
$1790.77
New Payment
$205.14
Monthly Savings
Loan Details
Remaining Balance:$293,684
New Loan Amount:$298,684
Break-Even Point:25 months
Total Interest
Current Loan:$376,940
New Loan:$345,991
Interest Savings:$30,948
$25,948
Lifetime Savings After Closing Costs