Mortgage Refinance Calculator
Calculate savings from refinancing your home loan. See monthly savings and break-even period.
Should You Refinance?
Mortgage refinance can save lakhs over loan life with lower rates
Refinance Reasons
- Lower Rate: Reduce monthly payment
- Shorter Term: Pay off faster
- Fixed Rate: Lock in from floating
Frequently Asked Questions
Is mortgage refinancing worth it?
Yes if rate drop exceeds closing costs divided by remaining months, and you plan to stay.
What are typical closing costs?
Processing fees, legal charges, stamp duty if applicable. Usually ₹10k-50k.