Free Calculator
See your refinance savings instantly
Compare your current mortgage to today's rates and see exactly what you could save every month. No signup. Prequalify with a soft pull — or get a real quote.
Your scenario
Compare your current loan to a refinance
Enter what you have today and the new rate/term you're considering. Results update live.
Current loan
New loan
Monthly savings
Enter your current loan details and a new rate to see how much you could save.
Estimates only. Not a commitment to lend.
Disclaimer: Results are estimates only and are not a commitment to lend. Calculations show principal and interest based on the inputs you provide and do not include taxes, insurance, HOA, or closing costs. Actual savings depend on credit, property, program guidelines, and market conditions at the time of application. Subject to underwriting approval.
How to use this calculator
- 1
Enter your current loan
Your current principal balance, current interest rate, and remaining loan term (in years). If you refinanced recently and still have 28 years left on a 30-year, use 28.
- 2
Enter today's rate
The rate you are being quoted today. For investment properties, standard DSCR rates are typically in the 6.25%-7.5% range, with best pricing around 5.75% for highest-tier files.
- 3
Review monthly savings
The calculator shows the difference between your current monthly P&I payment and the new one. Savings compound — a $200/month reduction is $72,000 over 30 years.
- 4
Factor in closing costs
A refinance has closing costs (typically 1-3% of the loan amount for DSCR). Divide monthly savings into total closing costs to find break-even period. If you hold past break-even, refi is usually worth it.
Running numbers on a real deal?
We'll price it.
Direct DSCR lender. Same-day scenario response. Prequalify with a soft pull — or get a real quote.
Questions
Refinance calculator FAQs
A common rule of thumb is that refinancing pays off when monthly savings cover closing costs within 24 to 36 months. The right answer depends on your balance, how long you plan to hold the property, and your closing costs. We can run the break-even math for your exact scenario.
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Self-employed, foreign national, ITIN, mixed-use — we have a program for you.
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Fast to Close
Average 14–30 days from clean app to clear-to-close. Same-day scenario response.
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