DirectMyLoanRefinance Calculator

Start with your name & address

Your name and the property we're looking at — we'll pull in your home value, balance, rate, and taxes.

STEP 1CURRENT MORTGAGE
$
%
yrs
$
$
$
$

No PMI (LTV ≤ 80%)

P&I PAYMENT

$2,042.50

Total PITI: $2,042.50

REMAINING TERM

25.6 yrs (307 mo)

CURRENT BALANCE

$328,011

P&I = principal & interest only. PITI = principal, interest, taxes & insurance (the full housing payment).

STEP 2DEBTS TO PAY OFF

Keep the ones you'd like to roll into your new loan checked — uncheck any you'd rather keep on their own.

👇 The rows below are just examples — they don't count toward your numbers. Tap “See your estimated balances”, or type over them with your own.
$
$
$

Est. rate: ~18.0% · example (edit or replace)

$
$
$

Est. rate: ~20.0% · example (edit or replace)

$
$
$

Est. rate: ~18.0% · example (edit or replace)

ⓘ Debts are not included in Rate & Term refinance calculations. Switch to Cash-Out in Step 3 to consolidate them into the new loan.

Estimated rates based on common credit card minimum payment formulas (1% of balance + monthly interest). Actual APR may vary by issuer — check your statement for exact rates.

STEP 3YOUR OPTIONS — THREE WAYS TO STRUCTURE IT

Refinance Type

What's your goal?

Pick one so we can tailor the recommendation.

yrs
Highest loan-to-value across all scenarios61.7% LTV
0%95% limit100%

✓ All scenarios within 95% LTV (rate & term, Conventional). Max allowable: $522,500.

Sample Conventional rates & points — for illustration only, not a quote or rate lock. The rate/cost tradeoffs below are typical examples. Your actual rate, points, and terms are set when a loan officer prices your full file. Edit any field to model a different scenario.

Option ALower rate

Higher points, better rate

%
pts
New loan amount$339,161
Points cost (rolled in)$6,650
LTV61.7% — OK

Option BMiddle

Balanced rate and points

%
pts
New loan amount$335,836
Points cost (rolled in)$3,325
LTV61.1% — OK

Option CHigher rate

Fewer points, lower upfront cost

%
pts
New loan amount$332,511
Points cost (rolled in)$0
LTV60.5% — OK