What This Calculator Shows: This calculator estimates potential monthly payment savings based on principal and interest (P&I) only. It compares your current mortgage payment to a potential new payment using current market rates.

Not Included: Property taxes, homeowners insurance, HOA fees, mortgage insurance (PMI/MIP), and other escrow items are not included in these calculations (NAP - Not Applicable to this estimate).

Rate Qualification: Actual rates depend on credit score, loan-to-value ratio (LTV), property type, debt-to-income ratio, loan amount, and other underwriting factors. Rates shown are estimates and subject to credit approval.

For Informational Purposes: This calculator provides estimates only and does not constitute a loan commitment or guarantee of rates or terms. Actual savings may vary. Contact us for a personalized rate quote based on your specific situation.