Should I refinance my current mortgage or home loan? When should I refinance my current mortgage or home loan? Will refinance cost or save me money and how much? If there are the questions you are asking yourself, you can use this FREE Home Loan Refinance Calculator to aid your decision making.

It is important to choose the proper loan term and loan amount when you refinance your home loan. When you want to sell your home also plays a very important role in determining if you should refinance your current mortgage.

This refinance calculator allows you to set the expected total savings from refinance. You can then compare the calculated refinance savings with this expected savings to make a decision. In addition, you can specify the minimum acceptable refinance savings. If the calculated refinance savings is lower than the minimum acceptable refinance savings you expected, it might not be worth the bother of refinancing.

Here is a screenshot that will give you a better idea that what you need to do and what this Mortgage Home Loan Refinance Calculator can do for you.

Mortgage Home Loan Refinance Calculator

Things You Need to Know

This calculator is built in Microsoft Excel worksheet. You need to have Microsoft Excel® 2013 & Above for Microsoft Windows® OR Microsoft Excel 2016 & Above for Mac® to use it.

All the calculators (paid and free ones) on this website are password protected. We don't provide unprotected versions of the PAID calculators due to copyright reasons. If you purchase the paid calculators because you want to get the unprotected version please don't make the purchase as we are not going to provide unprotected copies. By purchasing the paid calculators you agree that no unprotected copies of the PAID calculators will be provided to you. If you don't agree please do not purchase. If you need the unprotected version of any FREE calculator a fee will apply. The advantage of the unprotected version is that you can freely edit the tool without any limit although we still own the copyright of the unprotected calculator. Please note you cannot redistribute our calculators without a written approval from us even for the ones with your modification or customization. In addition we are not going to provide any support on unprotected calculators with any modification or customization.

I believe both the Free Home Loan Repayment Calculator and the Free Home Loan Mortgage Amortization Calculator will be able to help you as well. You might also find that the Free Investment Property Calculator is quite useful.

Download FREE Mortgage Home Loan Refinance Calculator