Calculators
Should I refinance?
See your new payment and interest when you refinance or take equity out — and compare two scenarios side by side.
Adjust the inputs — results update automatically.
$
Your home's current market value.
$
Extra cash to take out (renovations, debt, etc.).
$
What you still owe on your current mortgage.
Years to pay off the refinanced mortgage.
%
Pick a product or type your own rate.
Accelerated options pay off faster.
Prepay to save interest and time.
Your refinanced payment
Monthly payment
$ 2,344.04
| New Loan Amount | $ 420,000 |
| Total Cost of Loan | $ 703,213 |
| Total Interest Paid | $ 283,213 |
| Loan-to-Value | 56.0% |
Results are estimates for illustration only — not a mortgage offer or financial advice. Contact Amarpreet Bhui for exact figures.
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