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Refinance Calculator

Mortgage Refinance Calculator

Determine if refinancing your mortgage is the right choice for you and see potential savings.

Currency

Current Loan

Remaining balance (₹)

Monthly payment (₹)

Interest rate (%)

New Loan

New loan term (years)

Interest rate (%)

Points

Costs & fees (₹)

Cash out amount (₹)

Frequently Asked Questions (FAQ)

Disclaimer: This calculator is for illustrative purposes only. Actual figures and qualification depend on your lender, credit score, and other factors. Consult a financial advisor for personalized advice.

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What is mortgage refinancing?

What is APR (Annual Percentage Rate)?

What is the "break-even point"?

What are "points"?

When is a good time to refinance?