How much interest can you save if you refinance your mortgage? Enter the specifics about your current mortgage, along with your current appraised value, new loan term, rate and closing costs. The calculator will determine how much interest refinancing can save you and if you should refinance your mortgage. In addition, it will calculate the number of months to break even on closing costs with your reduced monthly payment. Consult with a mortgage loan officer to learn more.
Refinancing a mortgage is a way to access cash, consolidate debt, lower monthly payments, and finance home improvements. Learn how to put more money in your pocket.
Refinancing could lower your interest rate, change your loan type, adjust your repayment term, or cash out available equity.
A cash-out refinance is when you refinance your mortgage for more than you owe and take the difference in cash.
Ready to check mortgage refinance rates? Visit Citizens for today's rates and to get answers to your refinancing questions. Don't go at it alone! Citizens can help.
© Citizens Financial Group, Inc. All rights reserved. Citizens is a brand name of Citizens Bank, N.A. Member FDIC
(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 Offers may be withdrawn without notice.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
* By clicking this option, you agree to be redirected to a site powered by Blend and subject to the terms of Blend's Privacy Policy.
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.