Refinance Calculator

Refinance Calculator
First, tell us about your current loan:

What is the interest rate of your current mortgage?:
What is your current principal & interest payment?:
(Do NOT include the taxes and insurance.)
What is the outstanding balance of your current mortgage?:

Next, fill-in some details about your proposed refinance:
How much would you like to refinance?:
Which mortgage term would you prefer for your refinance?:
What will your new interest rate be?:
Enter the amount of closing cost for this refinance:
(if unknown, then assumed 2.5% of your new loan)


New Loan Amount:
New P&I Payment:
Est. Closing Cost:
Payment Difference:
"Break-Even" Point:

This calculator is intended for general educational purposes and may not be applicable to every borrower. Find a Guild Mortgage Loan Officer in your neighborhood for personalized guidance about your situation.