Rex says
Money math without the spreadsheet headache. Plug in your numbers and I'll show you exactly where the dollars land.
Try a scenario
Click to load — tweak from there.Inputs
Result
New monthly payment
$1,458.93
Old monthly payment
$1,760.48
Monthly savings
$301.55
Break-even (months)
13
Psst — share this and help Rex grow
One click, a permanent link with your numbers baked in.
How to use this
- 1Enter current balance ($).
- 2Enter current rate (%).
- 3Enter years left (years).
- 4Enter new rate (%).
- 5Enter new term (years).
- 6Enter closing costs ($).
- 7Read your new monthly payment on the right — it updates as you type.
- 8Hit Share to keep the scenario or send it to someone.
About this calculator
Estimate monthly savings and break-even months when refinancing your mortgage.