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VA Refinance Calculator

How much could you save each month with a lower interest rate? If you’re thinking of refinancing your VA mortgage, our free VA refinance calculator can help you estimate your savings

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How Much Can You Save?

Find out how much you might save by refinancing your home to a lower rate with a VA loan. By refinancing, the total finance charges you pay may be higher over the life of the loan. Change the default values to personalize your savings estimate!

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Calculator assumes a new loan term of 30 years and closing costs of 3.5% of the new loan amount. This calculator is made available as a self-help tool for your personal use. We do not guarantee its accuracy or applicability to your individual circumstances. Resulting calculations are for illustrative and informational purposes only and are not intended as investment or financial advice. Consult a qualified financial advisor before making important personal finance decisions. To get a better understanding of the benefits of refinancing, speak with a loan advisor at Freedom Mortgage.

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Let us help you secure the cash you need for your financial goals. Fill out the form below and one of our licensed Loan Advisors will contact you.

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* This calculator is made available as a self-help tool for your personal use. We do not guarantee its accuracy or applicability to your individual circumstances. Resulting calculations are for illustrative and informational purposes only and are not intended as investment or financial advice. Consult a qualified financial advisor before making important personal finance decisions. To get a better understanding of the benefits of refinancing, speak with a loan advisor at Freedom Mortgage.

A loan advisor from Freedom Mortgage will reach out to you to review your results and discuss the request for a cash out refinance on your home’s equity.

By clicking "Get Your Results," you consent to be contacted, including via automated technology or artificial/prerecorded voice, by Freedom Mortgage and any of its current or future affiliated companies (collectively "Freedom Mortgage") at the phone number(s) and email address(es) provided for marketing purposes about loans, even if your number is listed on a federal, state or internal do not call list . You affirm that you are the subscriber of the phone number(s) and email address or that the subscriber has authorized you to provide this consent. Your consent is not a condition of purchase of goods or services from Freedom Mortgage.
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Based on the values you entered, refinancing might save you
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Lower Your VA Loan Rate

Refinancing your VA loan can help you lower your monthly payment or save money on interest over the life of the loan.

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What Is a VA Refinance?

Veterans, active-duty service members, surviving spouses, and members of the National Guard or Army Reserve may qualify for a VA mortgage from the U.S. Department of Veterans Affairs (VA).

You may be able to refinance your VA mortgage loan with a VA IRRRL, also known as a VA streamline refinance. These refinances can help you lower your VA rate and monthly payment with less paperwork and a faster closing. Our VA refinance calculator can help you estimate your savings by lowering your rate.

You can also refinance your VA loan and get cash from your home’s equity with a VA cash out refinance.

Using a VA Mortgage Refinance Calculator

With our VA refinance calculator, you’ll enter your original loan amount, loan term length (typically 15 or 30 years), number of years paid, current interest rate, and new interest rate.

Using Freedom Mortgage’s VA refinance calculator makes it easy to figure out what refinancing your VA loan might look like. Refinancing a mortgage loan is a big decision, but our easy-to-use VA refinance calculator can help you see if it’s the right move before you choose to apply for a VA refinance.

Final Thoughts: How a VA Refinance Calculator Can Help

Our VA refinance calculator can help qualifying VA homeowners estimate the benefits of refinancing their existing VA loan into a new VA loan. See what a lower interest rate could mean for your monthly payment with a VA streamline refinance so you can confidently make the best financial decision for you.

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