Rate Comparison

Compare your current rate against new offers to see real monthly and lifetime savings.

Side-by-Side Rate Analysis

Enter your current mortgage details and a new rate quote. The analyzer instantly calculates the difference in monthly payment, total interest over the remaining term, and the net savings after accounting for closing costs. See exactly how much a lower rate puts back in your pocket each month.

  • Monthly payment reduction calculated to the penny
  • Total interest saved over the full remaining loan term
  • Net savings after subtracting closing costs
  • Remaining balance amortization comparison at both rates

Rate Drop Impact Modeling

Not sure if a 0.5% drop is worth it versus waiting for a full point? Model multiple rate scenarios against your current loan to see where the threshold is for your specific balance and term. A small rate change on a large balance can mean hundreds per month.

  • See the dollar impact of each quarter-point reduction
  • Compare short-term savings vs. long-term interest reduction
  • Factor in whether resetting to a new 30-year term changes the math
  • Understand how your remaining balance affects the savings magnitude

Sample Output

See what this feature calculates for you.

Rate Comparison
Current Rate 7.50%
New Rate Offered 6.25%
Monthly Payment Drop -$287/mo
Total Interest Saved $62,440
Remaining Balance $268,500
New Loan Amount $272,518

Ready to Use Rate Comparison?

Get access to this feature and everything else in Should I Refi My Rental Property?.