Am I Better Off Refinancing?

The calculations and figures provided by this tool are based on the limited information you have provided and certain default assumptions. They are estimates intended for illustrative and informational purposes only. We do not guarantee the accuracy or applicability of these calculations to your individual circumstances. Actual payment amounts, rates, and costs may vary. The results provided are not an offer of credit or a commitment to lend and do not reflect all available loan programs. Qualification, interest rates, and payments are subject to change at any time and will vary based on the timing of your application, your credit profile, and individual circumstances. All loans are subject to credit and underwriting approval. Not all products are available in all states or for all amounts.

This calculator is not intended to provide legal, financial, or tax advice. We strongly recommend that you consult with a qualified professional, such as a financial advisor, accountant, or attorney, to discuss your specific financial situation and goals.

Refinancing your existing loan may result in your total finance charges being higher over the life of your loan and may extend the term of your loan.

Cash-out Refinance: Closing costs, unpaid taxes and escrow balances may affect the total cash-out available at closing. A cash-out refinance may not be available in all instances or for all property types.