Extra Payment Refinance Calculator Demo
Our extra payment refinance calculator allows you to calculate the benefits of refinancing a current mortgage by comparing the current rate and loan term with the new rate and loan term.
We also provide the estimated new payment, lifetime interest savings and monthly savings. In addition, we calculate the difference between the payoff period from the current mortgage to the new mortgage.
Extra Payment Mortgage Refinance Calculator
See if you should refinance your mortgage. Enter the details of your current home loan along with details of a new loan to estimate your savings and see if refinancing is right for you!
Current Mortgage
New Mortgage
Loan Amount
$
$
Interest Rate
%
%
Loan Term
Years
Years
Start of Payment
Extra Principal Payment
$
Refinance Saving
per month
Lifetime Savings
New Payment
/month
Payoff Period
Calculator By: Choice Home Mortgage