Mortgage refinance calculator

Use this mortgage refinance calculator to get an estimate.

This home refinance calculator provides customized information based on the information you provide. But, it also makes some assumptions about mortgage insurance and other costs, which can be significant.

Ready to refinance?

There are several benefits to refinancing a mortgage, such as changing terms, lowering monthly payments, getting access to cash for major purchases and reducing your interest rate. We offer a variety of home refinancing options and are ready to help you find the right choice for your needs.

Get more information about refinancing.

Learn about your refinancing options.

Traditional Refinance

This low-cost mortgage refinancing option can lower your monthly payment or allow you pay off your house sooner.

See the benefits of a Traditional Refinance.

Cash-out Refinance

Use the equity in your home to pay for home improvements, a down payment on a second home or college tuition.

Find out if a Cash-out Refinance is a good option for you.

Existing customer credit offer

Already have a first mortgage with U.S. Bank or a U.S. Bank Personal Checking Package? You may be eligible for a customer credit on the closing costs of your next mortgage.1 Take 0.25% of your next first mortgage and deduct it from the closing costs, up to a maximum of $1,000 off.2

Learn how to save on your next mortgage loan.

Smart Refinance

A Smart Refinance might be a good option if you’re looking for a simplified application process, flexible terms and no closing costs.3 It’s a convenient way to get the most out of your home.

Learn more about a Smart Refinance.

Estimated monthly payment and APR example: A $225,000 loan amount with a 30-year term at an interest rate of 3.875% with borrower-equity of 20% would result in an estimated monthly payment of $1,058.04 with an Annual Percentage Rate (APR) of 3.946%.4

Check out today’s mortgage rates.

Interest rates vary depending on the type of mortgage you choose. See the differences and how they can impact your monthly payment.

Compare mortgage rates

Our mortgage specialists are ready to help.

An experienced mortgage loan officer is just a phone call or email away, with answers for just about any home-buying question.

Want us to call you? Request a call.

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What is refinancing a mortgage?

Learn more about refinancing a mortgage