Refinance Calculator

Ownwell's refinance calculator can help you determine if refinancing is right for you. Enter some details to estimate your potential refinance savings.

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Your Refinance Goals:Lower my monthly payment

Your Current Loan

Remaining Balance
Interest Rate
%
Original Loan Term (Months)
Loan Origination Date

Your New Loan

New Interest Rate
%
New Loan Term (Months)
Closing Costs
Typically 2-3% of loan amount
Monthly Savingsβ€”
Break-Even Pointβ€”

Loan Payoff Trajectory

Current Loan
Refinanced
$400K$300K$200K$100K'28'31'34'37'40'43'46'49'52'55

Fill Out Information to See the Graph

How Long Do You Plan to Stay?

7years
1 yr16 yrs30 yrs
Your Current Loan
Your New Loan
Monthly Paymentβ€”
Monthly Paymentβ€”
Remaining Balanceβ€”
Remaining Balanceβ€”
Total Interestβ€”
Total Interestβ€”