Mortgage Refinance Calculator

How long will it take to break even on a mortgage refinance? You can find out in about 2-3 minutes by simply factoring in your current interest rate, the new potential rate, closing costs and how long you plan to stay in your home. Start crunching some numbers to see if refinancing is a solution for you. Consult with a mortgage loan officer to learn more.

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Should you refinance your mortgage?

Refinancing could lower your interest rate, change your loan type, adjust your repayment term, or cash out available equity. Visit Citizens to learn about mortgage refinancing options.

What is a cash out refinance?

A cash-out refinance is when you refinance your mortgage for more than you owe and take the difference in cash.

Refinance Process

Learn how to refinance a mortgage with this step-by-step guide through the mortgage refinance process.

Financial Calculators

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(NMLS ID# 433960). Mortgages are offered and originated by Citizens Bank, N.A. All loans are subject to approval. Offers may be withdrawn without notice. Equal Housing Lender. Citizens corporate headquarters: One Citizens Plaza, Providence, RI 02903

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This calculator is intended for informational purposes only and is not intended to provide today's actual rates. Your actual results may vary. Results provided by this calculator are intended for Illustrative purposes only and the accuracy is not guaranteed. This calculator does not assure the availability of or your eligibility for any specific product offered by Citizens or its affiliates, nor does the calculator predict or guarantee the actual rate.

You are viewing a third-party created calculator. Citizens assumes no responsibility for, nor does it control, endorse or guarantee any aspect of your use of this calculator.

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