Mortgage Renewal Calculator
Compare your current mortgage against your renewal offer. See your new payment, interest saved, rate comparison chart, and early break penalty estimate. Free, instant, no sign-up required.
Current Mortgage
$
%
Renewal Offer
%
$
Leave as 0 if you pay property tax directly to municipality
New Monthly Payment
$0
Fill in details and click Calculate
Payment Comparison
Current Payment (P+I)—
New Payment (P+I)—
Payment Change (P+I)—
Interest Saved Over New Term—
Renewal Summary
Current Rate
—
New Rate
—
Rate Difference
—
Balance at Term End
—
Remaining Amortization After Term
—
Rate Comparison Chart
Amortization Schedule — New Term
| # | Date | Payment | Principal | Interest | Balance |
|---|
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This calculator is for informational purposes only and does not constitute financial advice. Penalty estimates are approximate — always confirm with your lender before breaking your mortgage. Full Disclaimer · Privacy Policy