Loan Refinance Calculator

Current Loan

Current Balance ($)

Current Interest Rate (%)

Remaining Term (months)

Current Monthly Payment ($)

New Loan Amount ($)

New Interest Rate (%)

New Term (months)

New Monthly Payment ($)

Monthly Payment: $592.87

Total Interest: $4,457.76

Time to Payoff: 4 years

New Monthly Payment: $466.08

Total Interest: $2,964.80

Time to Payoff: 5 years

Monthly Savings: $126.79

Interest Savings: $1,492.96