Jonathan Muse · Muse Mortgage & Loan
NMLS #2430021 · (912) 515-6659
NMLS #2430021 · (912) 515-6659
A tool for homeowners
A lower rate gives you a monthly decision you didn’t have before. See what it does.
The payoff balance on your current mortgage, from your statement.
The interest rate on the loan you have now.
Principal and interest only, not taxes or insurance. It’s on your statement.
Use a quote you’ve actually been given. We don’t guess rates for you.
Rolled into the new balance. Starts at 1.5% of your balance (at least $3,000) until you change it.
Interest is rate times balance. A refinance doesn’t restart anything — only a smaller payment does.
Your result
Enter your balance, rate, payment and the rate you could refinance to, and the result appears here.
Freed up each month
—
Paid off in
—
If you stay put: —
Interest you’ll pay
—
If you stay put: —
Where the freed-up money does the most good
Rule of thumb: pay the highest rate first — cards, then car, then mortgage.
New loan assumed 30 years. Closing costs rolled into the balance (amount shown above). Extra payments only shorten the loan if applied to principal — tell your servicer. Other debts are assumed kept current, with only the freed-up money paying down their balance. Not a loan offer; actual rates and costs depend on your file.
These figures are estimates for illustration only, based on numbers you entered. They are not a rate quote, an offer to lend, or a commitment to extend credit. Actual rates, payments and costs depend on your application and are subject to credit review and underwriting approval.
Watch my rate
Tell me the rate you’re waiting for and I’ll let you know when it gets there.
Information you submit here is used only to contact you about financing. It is not sold or shared with third parties for marketing. See our privacy policy.
Real numbers take about fifteen minutes. This calculator ran on your guesses; an application gives you actual rates, payments and costs for your situation and where you’re trying to go. There’s no obligation, and it doesn’t commit you to anything.