- Enter your original loan amount.
- Enter the year your mortgage began.
- Enter your estimated property value.
- Enter your cash-out amount.
- Enter your closing costs (% of new loan amount).
- Enter your property tax (annual).
- Enter your homeowners insurance (annual).
Please fix the following items to continue:
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The following fields are required.
Current loan
Info on original loan amount
This is the amount of your mortgage when it first began.
Enter your original loan amount.
Enter the year your mortgage began.
It must be within the last 30 years, but not this year.
New loan
Info on estimated property value
This is how much your property may be worth in the current real estate market.
Enter your estimated property value.
It must be more than your original loan amount.
Info on cash-out amount
Your cash-out amount depends on factors like your property's loan-to-value ratio and your credit worthiness.
Enter your cash-out amount.
You can take out up to $0
The numbers in these fields are estimates that you may update for more specific results.
Info on closing costs
Average refinance closing costs range from 2% to 5% of your refinance loan amount. The exact amount you’ll pay is based on factors that include, but aren’t limited to: loan amount, loan term, location, credit score, available home equity, mortgage type, property type and more.
Enter your closing costs (% of new loan amount).
Enter a number greater than 0.
Taxes & insurance
Info on property tax
Property tax is calculated by your local government based on the value of the property you own, including the land.
Enter your property tax (annual).
Info on homeowners insurance
This is a type of property insurance that typically covers interior and exterior damages, personal assets, or injuries that occur while on the property. It’s often based on your home’s price.
Enter your homeowners insurance (annual).
Your refinance results
Info on remaining interest
This is amount of interest you still owe on your mortgage, and doesn’t include the interest you’ve already paid.
Info on remaining interest
This is amount of interest you still owe on your mortgage, and doesn’t include the interest you’ve already paid.
Monthly payment
Monthly payment
Original loan
New loan
Taxes & insurance
Principal & interest
Total monthly payment
0.000
0.000
0.000
0.000
Loan Comparison breakdown
Original loan
New loan
Difference
Monthly payment
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Years until payoff
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Remaining interest
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Monthly payment
Original loan
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New loan
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Difference
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Years until payoff
Original loan
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New loan
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Difference
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Remaining interest
Original loan
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New loan
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Difference
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Additional estimates
Estimated closing costs
Info on closing costs
Average refinance closing costs range from 2% to 5% of your refinance loan amount. The exact amount you’ll pay is based on factors that include, but aren’t limited to: loan amount, loan term, location, credit score, available home equity, mortgage type, property type and more.
Potential closing cost savings
Info on closing cost savings
If you already have a first mortgage with U.S. Bank, a U.S. Bank Smartly™ Checking account or an existing Gold or Platinum Checking Package, you may be eligible to save money on closing costs for your next mortgage with our existing client credit. Take 0.25% of your new first mortgage loan amount and deduct it from the closing costs, up to a maximum of $1,000 off.
Break-even point
Info on break-even points
This is the point in your refinance where the amount you’re saving in interest is more than the amount it cost you to refinance, or when the refinance has paid for itself in mortgage payment savings.
Ready to refinance?