Compare current vs. refinanced loan & break-even
Original Payment
New Payment
Include closing costs, origination fees, appraisal, title, etc. to calculate your break-even point.
Current Payment
$1,748.04
per month
After Refi
$1,354.58
per month
Monthly Savings
$393.46
= $4,722 / year
Monthly Savings
$393.46
Annual Savings
$4,722
New Loan Total Interest
$267,648
New Loan Balance
$220,000