Refinance calculator
See if refinancing could help.
Enter your current loan details and a new rate to estimate your monthly savings, break-even point, and total interest difference. Start with a rough estimate — you can update the numbers anytime.
This is a planning estimate, not a rate quote or commitment to lend.
Compare your current loan to a new one.
This calculator estimates what your payment could look like with a new rate and term, how long it would take to recover closing costs, and how total interest may change. Use your best guess on any field.
Based on the difference between your current and estimated new payment.
At $189 in monthly savings, you would recover the estimated closing costs in about 32 months. Switching to the new rate and term could reduce total interest by an estimated $68,115.
This estimate is for planning purposes only and is based on the numbers you entered. It does not account for taxes, insurance, PMI, HOA dues, or cash-out amounts. Actual rates, savings, and closing costs will vary. An Intra officer can review your full scenario.
Want a more exact estimate?
An Intra loan officer can review this scenario with your real numbers and help you understand what may change. No hard credit pull required.
Talk to an Intra loan officer →What this estimate includes
Included
- Estimated new monthly payment versus your current payment
- Break-even point based on closing costs and monthly savings
- Difference in total interest over the new loan term
Not included
- Your actual refinance rate quote or approval
- Cash-out proceeds, escrow changes, or skipped payments
- Tax implications or whether refinancing fits your long-term plans
How to use this calculator
- Enter your current loan balance, rate, and monthly payment.
- Add the new rate and term you want to compare.
- Include a realistic closing cost estimate — your officer can refine this.
- Check the break-even months and monthly savings before deciding to apply.
Common questions, plain answers.
This calculator compares your current monthly payment to an estimated new payment based on your remaining loan balance, a new interest rate, and a new loan term. It also estimates how long it would take to recover closing costs through monthly savings.
Ready for the next step
Your numbers make more sense with a real conversation.
Estimates are a starting point. An Intra loan officer can show you your actual rate — based on your real situation, not a guess.
