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MV

Should I refinance?

Compare your current loan to a new one. See what you save monthly, when you break even on closing costs, and the total impact over the life of the loan.

Current loan

$
%

New loan

%
$

Rolled into the new loan in this estimate

Estimated monthly savings
$453
Current P&I
$2,475
New P&I
$2,021
Break-even
14 mo

If you stay in the home longer than 14 months, you come out ahead. Total savings over the new term: $64,216.