Affordability calculator Free · Live rates · No credit pull
Should you
refinance?
See your potential savings against today's rate in seconds — then get matched, free, with a loan officer who can lock it in.
Your current loan
$340,000
7.250%
27 years
Compared against today's 6.75% 30-yr fixed. Estimate only — your lender confirms real numbers.
You could save
$189/mo
≈ $68,049 over the life of the loan · $2,205/mo new payment
When does refinancing make sense?
A common rule of thumb is that a rate drop of around 0.5–0.75% can make a refinance worth it, but the real answer depends on how long you'll keep the home, your closing costs, and whether you're shortening your term or pulling cash out. This tool gives you a quick estimate; a loan officer confirms the exact break-even.
Why get matched with a LendShift lender
Rather than your details being sold to a dozen call centers, LendShift routes you to a few of the best-fit, NMLS-verified loan officers licensed in your state — matched by your loan and their track record. They compete for your business; you stay in control.