Refinance - Defy Mortgage

Refinance Calculator

💵 Current mortgage balance (How much money you owe.) $

📈 Current monthly payment (Principal, interest, taxes and insurance) %

🗓️ Current loan term (How long is your current loan for?) months

⏰ Origination year (What year did you get the loan?)

💰 New loan amount (How much money do you need now?) $

📉 Interest rate %

⏳ New monthly loan term (How long is your new loan for?) months

Refinancing could save you

$/per month

New monthly payment $

Refinance fees $

Lifetime Savings $

Want to buy a home instead?

You're in luck! We have something else that will help you.

Cool let me see

Reasons to refinance

Punch in your financial details into our purchase calculator machine, and we’ll use some serious arithmetic sorcery to see what kind of home makes sense for your current cash flow situation.

Cash-out equity

The Homecoming Queen of reasons to refinance. It's refinancing time when you've built up some serious home equity over the years. Maybe you're dreaming of a new kitchen fit for a gourmet chef? Perhaps an underground home theater? We'll cash you out.
Shorten loan term

Refinance and go from a 30-year to a 15-year loan term. You’ll be mortgage-free a lot faster this way.
Switch mortgage type:

Getting kind of bored with your current loan? Refinance and switch it up – go from adjustable to fixed, conventional to FHA, whatever you want.
Cash-out Stable paymentsequity

Tired of your adjustable-rate mortgage payment going on a rollercoaster ride every year? Refinance to a fixed-rate for predictable, stable monthly payments.
Consolidate debt

Stuck under a mountain of high-interest debt? Debt doesn’t mean forever. By cash-out refinancing, you can consolidate other higher-interest debt like credit cards into one loan with your mortgage’s lower rate.
Lower interest rate

If you own a property and rates lower, it’s go-time. By securing a lower interest rate, you can reduce your monthly mortgage payments and save a ton of money over the life of the loan. Talk about some serious long-term savings.

Refinance Calculator

$/per month

Want to buy a home instead?

Reasons to refinance

Cash-out equity

Shorten loan term

Switch mortgage type:

Cash-out Stable paymentsequity

Consolidate debt

Lower interest rate

It’s in your best interest to get your best interest.