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Use this calculator to find out how much you could save on your monthly payment and determine your break-even point—the point when you would start saving money after offsetting the total costs and fees associated with a refinance loan.

This calculator is for general education purposes only and is not an illustration of current Navy Federal products and offers.

More About Mortgage Refinancing

When Does It Make Sense to Refinance a Mortgage?

Home refinancing might sound appealing, but how can you tell if it’s the right decision for you and your current mortgage? We’ll walk you through it..

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Steps to Refinancing

Refinancing your home follows similar steps to purchasing your home. Learn what documents you need, what costs to expect, and how long each step should take..

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Mortgage Refinance FAQs

Visit our Mortgage FAQs section to learn answers to common questions.

Learn more about car refinancing rates

More About Mortgages

Find the Best Mortgage for You

Our great mortgage rates will bring you home. We've got options for military members, first-time homebuyers or those looking to finance.

Learn more about Navy Federal's Car Buying Service

Make Sense of Home Buying

Get clear, step-by-step information on the home-buying process, from understanding mortgages to homeowner essentials.

Learn More

Mortgage Calculators

From estimating closing costs to deciding how much home you can afford, our calculators can help you make decisions about your mortgage.

Learn more about car refinancing rates


This content is intended to provide general information and shouldn't be considered legal, tax or financial advice. It's always a good idea to consult a tax or financial advisor for specific information on how certain laws apply to your situation and about your individual financial situation.