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Refinance Calculator
See your new payment and break-even point on closing costs.
📋 Current → New loan
Typical range: 2%-6% of loan amount
✓ Your refinance estimate
Monthly savings
$121 /mo
Current payment$2,018
New payment$1,897
Closing costs$8,400
Break-even point5y 9mo
Old total interest remaining$373,850
New total interest$402,854
Net lifetime savings (after closing)$-37,405
⚠Long break-even — only worth it long-term.
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Rate data current as of 5 November 2026
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Default rates shown are averages and are not an offer of credit. Your actual rate depends on your credit profile, term and lender.
- mortgage30yr 7.18 — 5 November 2026
- mortgage15yr 6.57 — 5 November 2026