Your refinance, your reason
What would you like to change?
A different mortgage rate. More breathing room across your debts. Start with your goal, then compare the whole picture.
No sign-up. No credit check. Your numbers stay on this page unless you choose to send them.Your monthly breathing room
Estimated monthly payment change
- Current mortgage + insurance
- Other debts you entered
- Combined payment today
- New mortgage + insurance
These are loan payments, not your full housing budget. Taxes, homeowners insurance, HOA dues, and debts you haven’t entered are excluded and still need to be paid.
Beyond the monthly payment
At your chosen time frame
- Interest & refinance cost difference
- Debt remaining: keep current loans
- Debt remaining: refinance
Costs include interest and refinance fees, not mortgage insurance or housing expenses. A lower payment alone does not mean a lower total cost.
Rates, balances & upfront costs
- Current blended interest rate
- New mortgage interest rate
- Balances being refinanced
- New loan balance
- Costs paid upfront
- New loan / home value
The blended rate is a balance-weighted average of the mortgage and debts you entered. It is not an APR, doesn’t include fees, and will change as balances are paid down.
Compare the full payoff timelines
| Compare | Keep current loans | Refinance |
|---|
Keeping current loans assumes each entered payment stays fixed until its own debt is paid off. Freed-up payments are not automatically moved to other debts.
What if you kept paying the same total?
- New loan paid off in
- Interest + refinance costs
Assumes you consistently put the payment difference toward principal and the entered new mortgage insurance amount stays unchanged. This is optional extra principal, not a required payment.
Let’s see what fits your life.
We’ll compare these numbers with actual loan terms, your available equity, and the option to keep your current mortgage.
You can review or remove the scenario before sending an inquiry.
Check your inputs to see your comparison.
A clearer comparison, with the tradeoffs in view.
Consolidation moves debt; it does not erase it. A lower monthly payment can come from a longer repayment period and may cost more overall. Moving unsecured debt into a mortgage makes your home collateral for that debt; missed payments can put the home at risk. Ask us to compare a home equity loan or HELOC, keeping your mortgage, and paying debts separately.
This fixed-rate illustration is not a loan offer, approval, APR, payoff statement, or exact cash-to-close estimate. Program limits, lender rules, liens not entered, funding fees, accrued payoff interest, and escrow requirements can change the result. VA refinance eligibility and fees require a separate broker review. Rates and payments are assumed fixed, with monthly interest and no new charges; actual credit card interest calculations may differ. Upfront costs shown exclude prepaid expenses and escrow deposits.
CFPB: Understanding debt consolidation · CFPB: Weighing a refinance