Calculators
Compare your refinance options
Compare your current loan to a new one to estimate the change in your monthly payment. Enter your own rates; we don't publish rates here.
Est. monthly payment change
$319
Payments do not include taxes and insurance. Your payment obligation will be higher.
Current payment (P&I)
$2,237
New payment (P&I)
$1,919
The figures above are principal and interest only. They do not include property taxes, homeowners or flood insurance, mortgage insurance, or HOA or condominium dues — all common in Florida and all capable of adding significantly to your monthly cost.
These figures compare monthly payments only. They do not include the closing costs of the new loan, which you would need to recover before a lower payment becomes an actual saving; ask us to calculate your break-even point for your situation. Extending your term can lower your payment while increasing the total interest you pay over the life of the loan.
Applicant should not assume that any debt will be eliminated by refinancing or paying on balances since the debts are consolidated into a new loan. Reduction in payments may reflect longer loan terms and your total finance charges may be higher over the life of the loan. The actual amount of savings may vary.
Estimates are for illustration only and do not represent a rate quote, pre-approval, or commitment to lend. Rates shown are the ones you enter — EasyRate does not publish or quote current rates on this website. Payments shown are principal and interest only and do not include taxes or insurance; your actual payment will be higher and will depend on your final loan terms and credit approval.
Turn your estimate into a plan
Talk through your options with EasyRate.