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.
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.
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.
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.
Already have a first mortgage with U.S. Bank, a U.S. Bank Smartly™ Checking account or an existing Gold or Platinum Checking Package? You may be eligible for a customer credit on the closing costs of your next mortgage.1 Take 0.25% of your new first mortgage loan amount 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.
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%.3
Interest rates vary depending on the type of mortgage you choose. See the differences and how they can impact your monthly payment.