Refinance Calculator
When interest rates drop, the appeal of refinancing your mortgage grows. But it's important to know the real costs–and potential savings–before making a move. To help, U.S. News has teamed up with HSH Associates, a leading publisher of mortgage and consumer loan information, to offer this easy-to-use, interactive refinancing work sheet.
Homeowners can see how their existing mortgage payments might change if they were to refinance, and, just as important, how long it would take to recover any closing costs associated with refinancing. To use the work sheet, JavaScript must be enabled on your browser.
Instructions. Just fill in the noncolored boxes with the requested information. As you tab or mouse click through the boxes, your results will appear automatically in the colored boxes. You can change any of your entries, in case you want to try several different scenarios, but you must tab or mouse click to another box to update your results.
This work sheet was created by U.S. News in conjunction with:
