The decision making process to determine whether a refinance is cost effective is sometimes a confusing one. Really it just boils down to getting the numbers. Sure there are other criteria, but knowing the numbers on a potential refinance is a great place to start. Which is the reason we put up this free online refinance calculator. So you could have a starting point in making the decision to refinance. Feel free to run as many scenarios as you like using this free mortgage calculator!

Be sure to favorite this page to make it easy to return over and over again! Use the link "Back to the Calculators" to return to the Mortgage Calculators menu and try other Calculators

Instructions: Starting with the first line of entry fields, change the values in each one to suit your scenario, Hit "Calculate" to move forward.

The results will allow you to compare "Old Loan" to "New Loan", your expected refinance loan and see the monthly and total savings.

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