Refinance Mortgage Calculator
Current Loan
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New Loan
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Estimated New Monthly Payment: $1,802.418
Refinance Comparison
Compare your current loan details with a new refinance option to see potential savings.
| Current | New | Difference | |
|---|---|---|---|
| Loan Amount | $300,000 | $261,000 | $39,000 |
| Monthly Payment | $1,610.465 | $1,802.418 | $-191.953 |
| Loan Term | 360 months | 180 months | 180 months |
| Blended Interest Rate | 5% | 3% | 2% |
| Total Interest | $279,767.353 | $63,435.255 | $216,332.098 |