FHA Refinance Calculator

PTO Calculator

Discover how much you can save on your home by using our FHA streamline refinance calculator. Just fill out the necessary fields below to begin calculating your potential monthly savings.

Adjust the 'New Interest Rate' slider to see how varying rates affect your monthly payment. This feature allows you to explore various scenarios to find the best financial strategy for your needs.

Enter the amount of cash you wish to take out. Typically, you can borrow up to 80% of your home's value minus any existing mortgage balance.


New Loan Amount: $0

New Monthly Payment: $0

Monthly Savings: $0

Break-Even Point: 0 months

Keep experimenting with different interest rates and loan amounts to find the perfect balance for your financial needs. Remember, interest rates these days can change like the weather so be sure to keep an eye out on the market before embarking on your refinancing adventures.

How to determine what your mortgage payment will be

To calculate your mortgage payments, you'll need to consider multiple factors outside of the principal balance. For example, the mortgage payment on a $250K would generally be roughly $1100 per month if you get a 3.5% interest rate over the course of a 30 year loan.

Your monthly payment, however, can change drastically depending on your taxes, insurance, and interest. This is why free tools like our FHA Refinance Calculator are so useful.

Simply plug in your information without worrying about being hassled by countless phone calls from people attempting to get you into a loan.

Matt Irving is the CEO of Super Easy Tech, LLC.
Matt is the CEO of Super Easy Tech and creator of Super Easy CRM. He is a passionate software engineer, tech blogger, and gamer. Feel free to connect on any of the platforms listed below.

Posted by: Matt Irving on 5/07/2024