Free Hawaii Mortgage Refinance Calculator
Hawaii Mortgage Refinance Calculator
By SoFi Editors | Updated November 5, 2025
Refinancing your mortgage may be beneficial if your goal is to secure a lower interest rate, shorten your loan term, or tap into your home equity. A mortgage refi calculator can help you assess the financial impacts of refinancing by estimating your potential costs and savings. This article will walk you through using a Hawaii mortgage refinance calculator and introduce you to important cost considerations that will help you determine whether refinancing is the right move for your financial situation.
Key Points
• A Hawaii mortgage refinance calculator can help estimate the costs and savings of refinancing, including potential closing fees and monthly payment reductions.
• A cash-out refinance allows you to borrow more than your current mortgage balance, providing extra funds for financial needs, but it will increase your overall loan balance.
• Understanding your remaining loan balance is important for making accurate refinancing calculations, as it directly impacts your potential savings and costs.
• Closing costs are just as important to keep in mind as the difference between your current and new interest rates when calculating your savings from refinancing.
• Mortgage points can reduce your interest rate, but you should also consider the upfront cost and the length of time you plan to stay in your home.
• Extending your loan term can lower your monthly payments but increase the total interest paid over the life of the loan, while shortening the term can do the opposite.
Hawaii Mortgage Refinance Calculator
Calculator Definitions
• Remaining loan balance: The remaining loan balance is the amount you still owe on your current mortgage, excluding any accumulated interest. This number is vital for getting a precise estimate of what refinancing will cost you and determining how soon you can refinance a mortgage.
• Current/New interest rate: Interest is the percentage of the total home loan amount charged by the lender. The difference between your current and new interest rates is a key factor in determining your long-term savings from refinancing.
• Remaining/New loan term: The loan term is the length of time you have to repay your mortgage. Entering the remaining and new loan terms into the mortgage refinance calculator allows you to see how refinancing could impact your monthly payments and total interest paid.
• Points: Mortgage points are optional, upfront fees paid to the lender to reduce your interest rate. Each point costs 1% of the mortgage amount and can lower your rate by 0.25%.
• Other costs and fees: Closing costs can include loan application fees, credit report fees, home appraisal fees, and attorney fees. In total, they typically range from 2% to 5% of the home loan amount, and they can significantly impact your break-even point.
• Monthly payment: Your monthly payment includes both the principal and the interest. Use the refi mortgage calculator to compare your projected new monthly payment to your current payment.
• Total interest: Total interest is the cost you pay to the lender over the life of the home loan, excluding the principal. Compare the total interest of your current payment to the total interest of your mortgage refinance to determine your potential savings.
How to Use the Hawaii Mortgage Refinance Calculator
Enter your current loan details and refinance terms into the Hawaii mortgage refinance calculator to generate an estimate of your potential savings and costs.
Step 1: Enter Your Remaining Loan Balance
Enter your remaining home loan balance, or the amount you still owe on your current mortgage.
Step 2: Add Your Current Interest Rate
Type in your current interest rate into the home refi calculator. You can find your rate on your mortgage statement or by reaching out to your lender.
Step 3: Estimate Your New Interest Rate
Compare offers from different lenders or research current mortgage rates online to determine your estimate. A lower rate can reduce your monthly payments and total interest paid.
Step 4: Select Your Remaining Loan Term
Input the remaining years on your current mortgage.
Step 5: Choose a New Loan Term
Select a new loan term that ranges from 10 to 30 years. A shorter term can save on interest,
while a longer term can lower monthly payments.
Step 6: Enter Any Points You Intend To Purchase
Enter the number of points you plan to purchase. Each point costs 1% of the loan amount and lowers your interest rate by 0.25%.
Step 7: Estimate Your Other Costs and Fees
Input an estimate of other expenses, such as application fees, appraisal fees, and attorney fees, to see their impact on your potential savings.
Step 8: Calculate Your Break-Even Point
Calculate your break-even point, the number of months it will take for you to accumulate enough savings to recoup the closing costs. This information will allow you to see whether refinancing would be beneficial for your situation.
Benefits of Using a Mortgage Refinance Payment Calculator
A mortgage refinance calculator can help you evaluate whether refinancing is a reasonable option to lower your monthly payment or interest rate. Based on the rates and terms you enter into the calculator, it will provide estimates of your potential savings as well as your projected fees and total interest. Even a small reduction in your interest rate can yield significant savings, with minimized fees.
The calculator can also help you determine how to refinance a mortgage or what type of mortgage loan would work best for you. For example, you can use it to assess the viability of going from a 30-year to a 15-year home loan.
What Is the Break-Even Point in Refinancing?
The break-even point is the total number of months it will take for the savings from your new home loan to cover the closing costs. To calculate your break-even point, subtract your estimated monthly payment after refinancing from your current mortgage payment, then divide the closing costs by the monthly savings.
For example, if your savings from refinancing are $100 a month and your total closing costs are $2,500, it would take you 25 months to recoup those costs and start seeing savings. If you plan to sell the house before this break-even point, or if refinancing will lead to negative savings on interest, refinancing might not be the right choice for you.
Current mortgage rates by state.
Compare current home interest rates by state and find a mortgage rate that suits your financial goals.
Select a state to view current rates:
Typical Closing Costs for a Refinance in Hawaii
In Hawaii, mortgage refinancing costs range from 2% to 5% of the home loan. Typical fixed costs include application (up to $500), credit report ($25-$75), appraisal ($600-$2,000), recording ($25-$250), and attorney fees ($500-$1,000+). However, some fees, such as title insurance, can be waived.
Before you refinance, compare lenders and review your credit report, as better rates and a higher credit score can lower costs. Some lenders offer a no-closing-cost refinance, but these may come with a higher interest rate.
Refinancing a jumbo loan and cash-out refinances may also increase costs. Use the Hawaii mortgage refinance calculator to obtain a more accurate picture of what refinancing will look like for you.
Tips on Reducing Your Mortgage Refinance Payment
Before you enter the refinancing process, here are some ways in which you can minimize your monthly home loan payment:
• Build up your credit score to secure a lower interest rate.
• Compare the offers of at least three lenders to obtain the best rates and terms.
• Extend the term of your home loan (but keep in mind that this can affect your total interest paid).
• Appeal your property tax to potentially lower your tax bill.
• Shop around for a lower homeowners insurance rate.
The Takeaway
Refinancing your home loan can offer substantial financial benefits, but it’s important to evaluate the costs and savings before proceeding. A mortgage refinance calculator is a tool that helps you estimate these figures, including monthly payment reductions, the total interest paid over the life of the loan, and the break-even point. You should also consider what type of refinance you need and assess the current market conditions. The mortgage refinance calculator can help you understand whether refinancing aligns with your long-term financial goals.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
FAQ
How much does it cost to refinance your mortgage in Hawaii?
On average, refinancing in Hawaii can cost 2% to 5% of the new home loan amount. The costs involved can include loan application, credit report, and home appraisal fees, as well as title insurance. Comparing lenders’ rates can help you find the best deal, minimizing these expenses.
How much does it cost to refinance a $750,000 mortgage?
The cost of refinancing a $750,000 mortgage ranges from 2% to 5% of the total home loan amount. A $750,000 loan can cost between $15,000 and $37,500. A mortgage refinance calculator can help you estimate your potential costs and savings from refinancing.
Do you have to put 20% down to refinance?
No, a 20% down payment is not required to refinance a mortgage. However, lenders often require you to have at least 20% equity in your home to eliminate your private mortgage insurance. You may still qualify for certain refinance programs with less than 20% equity, but you may encounter higher interest rates or additional fees.
At what point is it not worth it to refinance?
You may want to reconsider refinancing your mortgage if your break-even point is greater than the amount of time you plan to stay in your home. The break-even point is the number of months it takes for the cumulative savings from a lower interest rate to outweigh the closing costs. For example, if your closing costs are $5,000 and your savings are $100 per month, your break-even point would be 50 months.
Which bank is best for refinancing?
Choosing the best bank for refinancing depends primarily on the interest rate and terms the lender offers. But you’ll also want to consider the lender’s reputation — especially for customer service.
What credit score do you need for refinancing?
Most lenders require a minimum credit score of 620 for conventional loans. A higher score, such as 700 or above, can secure better interest rates and terms. Check your credit report, and do what you can to polish your score until it shines before applying.
What are the advantages of refinancing your home?
Refinancing can offer several advantages, including a lower interest rate, reduced monthly payments, and the ability to switch from an adjustable-rate loan to a fixed-rate one. A cash-out refinance allows you to borrow more than you currently owe on your mortgage so that you can use the extra cash for various needs. Use a mortgage refinance calculator to determine whether refinancing confers financial benefits.
Does refinancing hurt your credit?
Refinancing can temporarily lower your credit score due to a hard inquiry, but the impact is usually minimal. Manage the new loan responsibly to recover and see your credit score improve over time.
What month is best to refinance?
It depends on prevailing mortgage rates and your financial situation. While rates tend to be lower in the fall and winter, this can vary, so be sure to monitor them closely.
Which bank is best for refinancing?
The best bank depends on your financial situation and refinancing needs. Before choosing a lender, compare their interest rates, closing costs, repayment terms, and customer service.
What credit score do you need for refinancing?
A minimum credit score of 620 is required for conventional loans and 580 for FHA loans. However, a score of 740 or above will often secure the best terms and interest rates. Before applying, review your credit report and improve your financial profile if you fall short of these benchmarks.
What are the advantages of refinancing your home?
There are a few advantages to refinancing your home, including securing a lower interest rate, reducing monthly payments, and building home equity. A lower interest rate can increase your savings over the life of the home loan. A cash-out refinance would enable you to borrow more than your remaining balance. However, before choosing to refinance, you should also consider its potential costs, such as closing fees, which typically range from 2% to 5% of the new loan amount.
Does refinancing hurt your credit?
Refinancing can impact your credit score, as it may cause a temporary dip. However, maintaining a strong payment history can help to mitigate these dips and even improve your credit score over the long term.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Checking Your Rates: To check the rates and terms you may qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.
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Get prequalified in minutes for a SoFi Home Loan.
Free Florida Mortgage Refinance Calculator
Florida Mortgage Refinance Calculator
By SoFi Editors | Updated November 10, 2025
Refinancing your mortgage can be a smart financial move, providing opportunities to save money and adjust your loan terms. However, it’s important to fully understand the potential benefits and the associated costs before making a decision. With a Florida mortgage refinance calculator, you can determine how long it will take to recoup any associated costs and assess whether refinancing aligns with your financial goals and current situation.
Key Points
• A Florida mortgage refinance calculator helps homeowners estimate potential savings and assess the financial impact of refinancing, including monthly payment reductions or total interest savings.
• Mortgage refinancing costs typically range from 2% to 5% of the new loan amount, and a refi mortgage calculator can help factor in these expenses to determine the overall financial feasibility.
• The break-even point is the time it takes for the savings from a lower interest rate to cover the upfront costs of refinancing.
• Purchasing mortgage points can lower your interest rate and monthly payments, but you should weigh the cost against long-term savings using a refi calculator.
• Extending the term of your mortgage can reduce monthly payments but increase total interest paid over the life of the loan, which is an important trade-off to consider when deciding how to refinance a mortgage.
• A higher credit score, typically 740 or above, can lead to more favorable refinancing terms and lower interest rates.
Florida Mortgage Refinance Calculator
Calculator Definitions
• Remaining loan balance: The remaining loan balance is the principal amount still outstanding on your current home loan. Accurate input of this balance ensures a reliable estimate of your new monthly payments and total interest costs.
• Current/New interest rate: Interest is the percentage of the total loan amount charged by the lender. The difference between your current and new interest rates can significantly impact your monthly payments and total interest paid over the loan term.
• Remaining/New loan term: The loan term is the duration over which you will repay your mortgage. A shorter term can reduce total interest paid, while a longer term can lower monthly payments.
• Points: Mortgage points are upfront fees paid to the lender to lower your interest rate. Each point costs 1% of the loan amount and can reduce your interest rate by 0.25%.
• Other costs and fees: Refinancing costs include origination fees, appraisal fees, and attorney fees. Factoring in these costs helps you assess the overall financial impact of refinancing.
• Monthly payment: Your monthly payment includes the principal and interest on your mortgage. Comparing your current payment to the estimated new payment lets you determine potential savings and manage your budget.
• Total interest: Total interest is the cost paid to the lender over the life of the loan. Using a home refi calculator allows you to compare the total interest for your existing and proposed mortgages.
How to Use the Florida Mortgage Refinance Calculator
Use the Florida mortgage refinance calculator to assess the financial impact of refinancing. Input your current loan details and proposed new terms to estimate your potential savings and the break-even point.
Step 1: Enter Your Remaining Loan Balance
Input your remaining loan balance, which is the principal amount you still owe on your
current mortgage.
Step 2: Add Your Current Interest Rate
Enter your current interest rate. You can find this on your most recent mortgage statement or by contacting your lender.
Step 3: Estimate Your New Interest Rate
Check current mortgage rates, and input a new rate to estimate potential savings on your monthly payments and total interest.
Step 4: Select Your Remaining Loan Term
Enter the number of months left on your current mortgage to understand the impact of refinancing on your repayment timeline.
Step 5: Choose a New Loan Term
Select a new loan term to see how it affects your monthly payments and total interest paid over the life of the loan. A longer term will result in lower monthly payments, while a shorter term will reduce the total interest paid.
Step 6: Enter Any Points You Intend to Purchase
Input the number of points you plan to purchase. Points can lower your interest rate, but they
come with an upfront cost.
Step 7: Estimate Your Other Costs and Fees
Factor in other costs and fees, such as application, appraisal, and attorney fees, to get a realistic assessment of refinancing expenses.
Step 8: Review Your Break-Even Point
Determine the break-even point by dividing the total closing costs by the monthly savings from your new payment. This will tell you how long it will take to recoup the costs of refinancing, which can affect how soon you can refinance your mortgage.
Benefits of Using a Mortgage Refinance Payment Calculator
A refinance calculator helps you evaluate if refinancing can lower your monthly payment or interest rate, potentially saving money. It compares current and potential loans, including payments and total interest. Lower payments free up cash, while a lower interest rate will save you money in the long-term. Even a small rate reduction can lead to significant savings.
Refinancing to a shorter-term loan accelerates mortgage payoff and saves on interest.
A refi mortgage calculator lets you run various scenarios to evaluate what options might suit your financial situation best, helping you make an informed decision. With clear figures, you can assess whether you want to lower your monthly payment, change to a different type of mortgage loan, or wait for more favorable interest rates.
What Is the Break-Even Point in Refinancing?
The break-even point is the number of months required to recoup the closing costs on your refinance. To find this point, subtract your estimated new monthly payment from your current payment and divide the closing costs by the monthly savings. For example, if refinancing saves you $100 a month and your closing costs are $2,500, it will take 25 months to break even. If you plan to sell your home before reaching this point, refinancing may not be beneficial.
Current mortgage rates by state.
Compare current home interest rates by state and find a mortgage rate that suits your financial goals.
Select a state to view current rates:
Typical Closing Costs for a Refinance in Florida
Mortgage refinancing in Florida involves costs, typically amounting to 2%-5% of the new loan. Fixed costs include application (up to $500), credit report ($25-$75), appraisal ($600-$2,000), recording ($25-$250), and attorney ($500-$1,000+) fees. Percentage-based costs include origination fees (0.5%-1%), title search and insurance (0.5%-1%), points, and mortgage insurance (varies).
The type of loan you have may affect the upfront costs. For example, refinancing a jumbo loan will likely have higher costs. If these initial expenses of refinancing are beyond your current means and you intend to stay in your home for the long-term, you could consider a no-closing-cost refinance.
Tips on Reducing Your Mortgage Refinance Payment
There are several strategies you can try to minimize your monthly mortgage payment. Some options include:
• Build up your credit score to secure better rates, as scores of 740 or above tend to secure the best rates.
• Appeal your property tax to potentially reduce your monthly payment.
• Shop for a lower homeowners insurance rate to decrease your total monthly cost.
• Extend the term of your loan to lower monthly payments (remember this will likely cost you more in interest in the long run, but it might help you achieve your current financial goals).
The Takeaway
Refinancing your mortgage can help manage monthly payments and overall financial health. A Florida mortgage refinance calculator provides insights into your potential savings, different scenarios, and the break-even point. Consider your financial goals and the specific conditions of your current and proposed loans. Always weigh immediate benefits against long-term financial implications to ensure refinancing aligns with your strategy and objectives.
SoFi can help you save money when you refinance your mortgage. Plus, we make sure the process is as stress-free and transparent as possible. SoFi offers competitive fixed rates on a traditional mortgage refinance or cash-out refinance.
A mortgage refinance could be a game changer for your finances.
FAQ
How much does it cost to refinance your mortgage in Florida?
Refinancing costs in Florida typically run 2% to 5% of the loan amount and include application, credit report, appraisal, recording, and attorney fees. Be sure to input these fees into a Florida mortgage refinance calculator to accurately estimate your new monthly payments and determine the break-even point.
How much does it cost to refinance a $400,000 mortgage?
Refinancing a $400,000 mortgage usually costs between 2% and 5% of the new loan amount, or $8,000 to $20,000. Use a refinance calculator to estimate how long it will take to recoup these costs and decide what makes sense for your financial situation.
Do you have to put 20% down to refinance?
You do not need to put 20% down to refinance, but you will likely need 20% equity to qualify for a conventional mortgage refinance.
At what point is it not worth it to refinance?
Refinancing is not worth it if the break-even point extends beyond your homeownership period. If you plan to move or sell before the break-even point, refinancing may not be beneficial.
What month is best to refinance?
Interest rates can be lower at certain times of the year, such as in the fall and winter. Ultimately, the best time depends on your financial situation and the current interest rate environment.
Which bank is best for refinancing?
The best bank for refinancing depends on your financial goals and requirements. Shop around and compare offers from multiple lenders, and consider factors such as lender reputation, interest rates, repayment terms, fees, customer service availability, and online tools. Evaluate flexible refinance options and terms to find the best fit for your financial situation.
What credit score do you need for refinancing?
A minimum credit score of 620 is typically required for conventional loans, but higher scores can secure better rates. A score of 740 or above may qualify you for more favorable options. Check your credit report for errors and improve your score before applying.
What are the advantages of refinancing your home?
Refinancing can reduce your monthly payments or lower total interest paid. A cash-out refinance allows access to home equity for debt consolidation or improvements.
Does refinancing hurt your credit?
Refinancing may temporarily lower your credit score due to a hard inquiry. This impact is usually minimal and short-lived if you maintain timely payments. Minimize hard inquiries by applying to a few lenders within a short period. The long-term benefits of refinancing often outweigh the temporary credit impact.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Checking Your Rates: To check the rates and terms you may qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.
SOHL-Q425-073
Get prequalified in minutes for a SoFi Home Loan.
Delaware Mortgage Refinance Calculator
Delaware Mortgage Refinance Calculator
By SoFi Editors | Updated November 6, 2025
Refinancing your mortgage can be a powerful long-term, money-saving strategy that can help you adjust your existing mortgage to your financial situation and allow you to access your home equity. The Delaware mortgage refinance calculator can help you understand the implications and benefits of refinancing, making it a useful tool for homeowners. This guide will introduce what you need to consider when refinancing your home and explain how to use the refinance calculator to make informed decisions.
Key Points
• The Delaware mortgage refinance calculator can help homeowners estimate the financial impact of refinancing.
• The break-even point determines if the savings from a lower interest rate will outweigh the refinancing costs within a reasonable time frame.
• A lower interest rate can significantly reduce your monthly payments and the total interest paid over the loan duration.
• Purchasing mortgage points can lower the interest rate and lead to long-term savings. This is helpful if you plan to stay in your home for a long time.
• Switching from an adjustable-rate mortgage to a fixed-rate mortgage can provide stability and protect you from future rate increases.
Delaware Mortgage Refinance Calculator
Calculator Definitions
• Remaining loan balance: The remaining loan balance is the principal amount you still owe on your existing mortgage, which impacts how soon you can refinance a mortgage.
• Current/New interest rate: The interest is the percentage of the loan amount that the lender charges. A lower new interest rate can reduce your monthly payments and the total interest you pay over the loan duration.
• Remaining/New loan term: The remaining loan term is the number of months left on your current home loan, and the new loan term is the refinanced loan’s duration. You can save on interest with a shorter term, while extending it can reduce monthly payments.
• Points: Mortgage points are upfront fees you pay to reduce the interest rate. Each point costs 1% of the loan amount and can lower the rate by about 0.25%.
• Other costs and fees: Mortgage refinancing costs include origination fees, appraisal fees, and attorney fees. These costs typically range from 2% to 5% of the refinanced loan amount.
• Monthly payment: Your monthly mortgage payment generally includes the principal amount and the interest. A refi mortgage calculator can help you estimate the new monthly payment and total interest you would pay over the loan’s duration.
• Total interest: The total interest is the amount you pay the lender over the duration of the mortgage, excluding the principal amount. A lower interest rate can reduce the total interest you pay on the mortgage refinance.
How to Use the Delaware Mortgage Refinance Calculator
Input your information into the Delaware mortgage refinance calculator to estimate your potential savings and costs.
Step 1: Enter Your Remaining Loan Balance
Enter your remaining home loan balance, which is the principal amount you still owe on your current mortgage.
Step 2: Add Your Current Interest Rate
Input the current interest rate found on your latest mortgage statement, or contact your lender for this value.
Step 3: Estimate Your New Interest Rate
Estimate your new interest rate by comparing offers from various lenders or searching online for the current mortgage rates in Delaware. A lower rate can reduce your monthly payments and total interest.
Step 4: Select Your Remaining Loan Term
Input the number of years left on your current mortgage into the refi calculator.
Step 5: Choose a New Loan Term
Select a new loan term, anywhere from 10 to 30 years. A shorter term allows you to save on interest, while a longer term lowers monthly payments.
Step 6: Enter Any Points You Intend to Purchase
Input any points you plan to purchase. Each point comes with an upfront cost and can lower the interest rate.
Step 7: Estimate Your Other Costs and Fees
Calculate the other costs and fees, such as application fees, appraisal fees, and attorney fees. Input these into the home refi calculator to see their impact on your potential savings.
Step 8: Calculate Your Break-Even Point
Calculate your break-even point, the number of months it takes for any savings on your monthly payment to offset the closing costs. This information will enable you to decide if refinancing will be beneficial for you.
Recommended: How to Refinance a Mortgage
Benefits of Using a Mortgage Refinance Payment Calculator
Using a mortgage refinance calculator can help you evaluate whether refinancing can lower your monthly payment or interest rate, or whether you might lose money by refinancing. By entering different interest rates and loan terms, you can observe the impact of refinancing on your monthly payment and total interest.
Even a small reduction in your interest rate, such as a quarter percentage point, can result in significant savings, especially for larger home loans. The refi calculator can also help you compare the costs and benefits of switching your type of mortgage loan, for example, from an adjustable-rate mortgage (ARM) to a fixed-rate mortgage.
What Is the Break-Even Point in Refinancing?
A mortgage refinance calculator can help you determine your break-even point. This shows the number of months it will take to recoup the closing costs associated with your refinance. To find the break-even point, subtract your monthly payment after the refinance from your current mortgage payment. Then, divide the total closing costs by the amount you are saving each month.
For example, if refinancing saves you $100 each month and your total closing costs amount to $2,500, it will take 25 months to cover those costs and start saving. Refinancing might not be beneficial if you plan to sell the house before reaching the break-even point.
Current mortgage rates by state.
Compare current home interest rates by state and find a mortgage rate that suits your financial goals.
Select a state to view current rates:
Typical Closing Costs for a Refinance in Delaware
Mortgage refinancing costs are typically 2% to 5% of the new loan. Fixed costs include application fees (up to $500), credit reports ($25-$75), appraisals ($600-$2,000), recording fees ($25-$250), and attorney fees ($500-$1,000+). Percentage-based costs include origination fees (0.5%-1%), title search/insurance (0.5%-1%), points, and mortgage insurance (this varies).
Some refinance fees, such as title insurance or inspections, may be waived. To reduce costs, compare lenders, negotiate with them, and work on building your credit score. Some lenders offer a no-closing-cost refinance but these tend to have higher interest rates.
Recommended: How to Refinance a Jumbo Loan
Tips on Reducing Your Mortgage Refinance Payment
Before refinancing, you can minimize your monthly mortgage payment by:
• Building up your credit score, allowing you to secure a lower interest rate.
• Extending the loan term, reducing your monthly payments. However, this may increase the total interest.
• Appealing your property tax to lower your overall tax bill.
• Shopping for a lower homeowners insurance rate by increasing your deductible or bundling policies.
The Takeaway
Mortgage refinancing can be a powerful financial management strategy, but it requires careful consideration and a plan. Using the Delaware mortgage refinance calculator can help you estimate potential savings and associated costs, revealing the overall impact refinancing could have on your finances. The mortgage refinance calculator is a useful tool if you’re looking to lower your monthly payments, change your loan term, or access your home equity. Before refinancing, consider the potential costs involved and long-term benefits to ensure it aligns with your financial goals.
SoFi can help you save money when you refinance your mortgage. Plus, we make sure the process is as stress-free and transparent as possible. SoFi offers competitive fixed rates on a traditional mortgage refinance or cash-out refinance.
A mortgage refinance could be a game changer for your finances.
FAQ
How much does it cost to refinance your mortgage in Delaware?
Mortgage refinancing costs in Delaware typically range from 2% to 5% of the new loan amount. These costs include fees for the lender, credit report, appraisal, title search and insurance.
How much does it cost to refinance a $350,000 mortgage?
To refinance a $350,000 mortgage, you can expect to pay closing costs ranging from 2% to 5% of the total loan amount, or between $7,000 and $17,500. These costs include lender fees, appraisal fees, title search and insurance, and administrative expenses.
Do you have to put 20% down to refinance?
You don’t need to put 20% down for refinancing, but having at least a 20% equity in your home can help you avoid private mortgage insurance (PMI). If you have less than a 20% equity, consider using the FHA Streamline, Fannie Mae RefiNow, or Refi Possible programs, which offer refinancing options with fewer requirements.
At what point is refinancing not worth it?
Refinancing might not be worth it if you plan to move within a few years or if the interest rate reduction is minimal. Using a mortgage refinance calculator will help you estimate your break-even point and assess the long-term financial impact.
What month is best to refinance?
The fall or winter seasons tend to be a good time for mortgage refinancing, as interest rates are typically lower. Consider this along with your personal financial situation to determine if the timing is right.
Which bank is best for refinancing?
The best bank depends on your financial situation and goals. When looking at lenders, consider those with transparent and competitive rates, streamlined processes, and excellent customer service.
What credit score do you need for refinancing?
To qualify for the best rates, you should have a credit score of at least 700. Lower scores may still allow refinancing but with less favorable terms. You can improve your score by paying your bills on time, reducing your credit card balances, and addressing inaccuracies on your credit report.
What are the advantages of refinancing your home?
Refinancing your home can help you secure a lower interest rate, reduce monthly payments, or switch from an adjustable-rate mortgage to a fixed-rate loan for increased stability. A cash-out refinance also allows you to access your home equity for debt consolidation or improvements. Eliminating private mortgage insurance can also lower monthly payments.
Does refinancing hurt your credit?
Refinancing can temporarily lower your credit score due to the hard credit inquiry. However, successful refinancing and consistent payments can improve your debt-to-income (DTI) ratio and credit utilization, potentially boosting your score.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Checking Your Rates: To check the rates and terms you may qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.
SOHL-Q425-072
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Free Colorado Mortgage Refinance Calculator
Colorado Mortgage Refinance Calculator
By SoFi Editors | Updated November 10, 2025
Refinancing your mortgage can be a powerful means to save money and adjust your financial strategy. Potential benefits include lower monthly payments, shorter loan terms, or access to home equity. This guide will walk you through how a mortgage refinance calculator can help you make an informed decision by estimating your potential savings and costs.
Key Points
• A Colorado mortgage refinance calculator can help you understand the financial impact of refinancing, including both potential savings and costs.
• Using a mortgage refinance calculator to determine the break-even point can help you see if refinancing is financially beneficial in the long run.
• Refinancing can offer significant benefits, such as lower monthly payments, shorter loan terms, or access to home equity, but it comes with closing costs that you must factor into your decision.
• Improving your credit score, ideally to 740 or above, can lead to more favorable interest rates and terms when refinancing your mortgage.
• Choosing a new loan term, whether shorter or longer, should align with your financial goals, as it affects both monthly payments and the total interest you will pay over the life of the loan.
• Estimating other associated costs, such as origination fees and appraisal fees, is vital for a realistic assessment of the financial implications of refinancing.
Colorado Mortgage Refinance Calculator
Calculator Definitions
• Remaining loan balance: The remaining loan balance is the principal amount still outstanding on your current mortgage. It affects how soon you can refinance a mortgage and the loan payoff date.
• Current/New interest rate: Interest is the percentage of the loan amount that the lender charges. The new interest rate can significantly impact your monthly payments and total savings.
• Remaining/New loan term: The remaining loan term is the number of months left to pay off your current mortgage. The new loan term can be shorter or longer and will affect monthly payments and the total interest you pay.
• Points: Points are optional upfront fees that reduce your interest rate. Each point costs 1% of the loan amount and can lower your interest rate by 0.25%.
• Other costs and fees: Other costs and fees include origination fees, appraisal fees, and closing costs. These can range from 2% to 5% of the new loan amount and affect your overall savings.
• Monthly payment: Your monthly payment includes the principal and interest on your mortgage. You can reduce it by securing a lower interest rate or extending the loan term.
• Total interest: Total interest is the amount you pay to the lender over the life of the mortgage, excluding the principal. A lower interest rate or shorter term can reduce total interest paid on a mortgage refinance.
How to Use the Colorado Mortgage Refinance Calculator
Enter your remaining home loan balance, current and new interest rates, and loan terms to estimate potential savings and costs. Consider the break-even point to determine if refinancing aligns with your financial goals.
Step 1: Enter Your Remaining Loan Balance
Input your remaining loan balance into the refi mortgage calculator. This is the principal amount you still owe on your current mortgage.
Step 2: Add Your Current Interest Rate
Enter your current interest rate, which you can find on your latest mortgage statement or by contacting your lender. This can be compared with potential new rates to help estimate savings.
Step 3: Estimate Your New Interest Rate
Input an estimated new interest rate to see how it affects your monthly payments and total interest. Check online for current mortgage rates in your area.
Step 4: Select Your Remaining Loan Term
Enter your remaining loan term to estimate the total interest you would pay if you kept your current mortgage.
Step 5: Choose a New Loan Term
Select a new loan term to see how it may impact your monthly payments and total interest. A longer term can lower monthly payments, while a shorter term can reduce total interest paid over the life of the loan.
Step 6: Enter Any Points You Intend to Purchase
Input the number of points you plan to purchase to see how they may impact your interest rate and monthly payments. Each point costs 1% of the loan amount and lowers the interest rate by 0.25%.
Step 7: Estimate Your Other Costs and Fees
Input other costs and fees, such as application fees, appraisal fees, and attorney fees, to get a realistic estimate of your total refinancing expenses.These typically come to 2% to 5% of the loan amount.
Step 8: Calculate Your Break-Even Point
Calculate the break-even point, which is the number of months needed for the total savings from the new loan to equal the total cost of refinancing. This can help you determine whether refinancing would be financially beneficial.
Benefits of Using a Mortgage Refinance Payment Calculator
A mortgage refinance calculator helps you evaluate the financial impact of refinancing. It shows how different interest rates and loan terms affect monthly payments and the total interest you will pay. This tool can highlight if refinancing is beneficial or if the upfront costs outweigh the savings. By experimenting with various scenarios, you can make an informed decision that is right for your situation.
The home refi calculator can also help you determine how to refinance a mortgage. It will help you consider the purpose of your refinance, whether it’s to lower your interest rate, switch to a different type of mortgage loan (such as a fixed-rate loan), or access home equity with a cash-out refinance.
What Is the Break-Even Point in Refinancing?
The break-even point is when the savings from your new mortgage cover the closing costs. The calculator computes it by subtracting your potential new monthly payment from your current payment, then dividing the closing costs by the monthly savings. For example, if refinancing saves you $100 a month and your closing costs are $2,500, it would take 25 months to break even. If you plan to stay in your home longer than this, refinancing could be a smart move.
Current mortgage rates by state.
Compare current home interest rates by state and find a mortgage rate that suits your financial goals.
Select a state to view current rates:
Typical Closing Costs for a Refinance in Colorado
Mortgage refinancing costs in Colorado are generally 2% to 5% of the new loan. Typical fixed costs include loan application fees (up to $500), credit report fees ($25-$75), home appraisal fees ($600-$2,000), recording fees ($25-$250), and attorney fees ($500-$1,000+). Percentage-based costs often include loan origination fees (0.5%-1% of the purchase price) and title search and insurance (0.5%-1% of the purchase price).
Certain fees, such as title insurance and inspection fees, may not be required for refinances. Shop around and negotiate with multiple lenders to lower your closing costs. Some lenders offer a no-closing-cost refinance, but these may come with a higher interest rate. Refinancing a jumbo loan may also come with higher costs.
Tips on Reducing Your Mortgage Refinance Payment
There are steps you can take to minimize your monthly mortgage payment in the context of a refinance. Try to do this before beginning the refinancing process:
• Build up your credit score to secure a lower interest rate.
• Compare offers from multiple lenders to find the best rates and terms.
• Extend the term of your loan to reduce monthly payments.
• Shop for a lower homeowners insurance rate to reduce your monthly expenses.
The Takeaway
Using a Colorado mortgage refinance calculator can provide valuable insights into the financial implications of refinancing. This tool can help you estimate potential savings, new monthly payments, and the break-even point. While refinancing can offer benefits such as lower interest rates and reduced monthly payments, you must also consider closing costs and your long-term financial goals. Always weigh short-term savings against long-term impact to ensure refinancing is right for you.
SoFi can help you save money when you refinance your mortgage. Plus, we make sure the process is as stress-free and transparent as possible. SoFi offers competitive fixed rates on a traditional mortgage refinance or cash-out refinance.
A mortgage refinance could be a game changer for your finances.
FAQ
How much does it cost to refinance your mortgage in Colorado?
Refinancing a mortgage in Colorado typically costs 2% to 5% of the new loan amount in closing costs. These include lender fees, credit report fees, appraisal fees, and other expenses.
How much does it cost to refinance a $600,000 mortgage?
Refinancing a $600,000 mortgage can cost between $12,000 and $30,000 in closing costs (usually between 2% and 5%). These fees include loan application, credit report, appraisal, and recording fees.
Do you have to put 20% down to refinance?
No, you don’t need to put 20% down to refinance, but having at least 20% home equity can secure better terms. If you have less than 20% equity, you may need to continue paying private mortgage insurance (PMI).
At what point is it not worth it to refinance?
Refinancing may not be worth it if the break-even point is too far in the future. For example, if closing costs are $12,000 and monthly savings are $400, it would take 30 months to break even. If you plan to move or sell before this point, refinancing might not be beneficial.
What month is best to refinance?
The best month to refinance depends on market conditions. However, interest rates are often lower in fall and winter due to reduced demand. Monitor economic factors and consult a financial advisor to determine the optimal time.
Which bank is best for refinancing?
The best bank for refinancing depends on your needs. Compare multiple lenders to find the most favorable interest rates, closing costs, and loan options. Be sure to consider the lender’s reputation and customer service.
What credit score do you need for refinancing?
Most lenders require a minimum credit score of 620 for conventional loans. However, a score of 700 or above can secure better terms. Check your credit report for errors and take steps to improve your score before applying.
What are the advantages of refinancing your home?
Advantages of refinancing include lower monthly payments, reduced total interest, and access to home equity. Switching from an adjustable-rate mortgage to a fixed-rate mortgage can provide stability.
Does refinancing hurt your credit?
Refinancing can temporarily lower your credit score due to a hard pull on your credit report. However, this impact is usually minimal and short-lived. Shop around and submit multiple applications within a short period to minimize the effect.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Checking Your Rates: To check the rates and terms you may qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.
SOHL-Q425-070
Get prequalified in minutes for a SoFi Home Loan.
Free California Mortgage Refinance Calculator
California Mortgage Refinance Calculator
By SoFi Editors | Updated November 10, 2025
Refinancing your mortgage can be a strategic way to save on monthly payments, adjust loan terms, or access home equity. A California mortgage refinance calculator helps you assess the financial impact of refinancing by providing estimates of potential savings and costs. Use this guide to learn how to use a California mortgage refinance calculator so you can make an informed decision about whether to trade your old loan for a new one.
Key Points
• A California mortgage refinance calculator helps homeowners estimate monthly payments, total interest costs, and the break-even point, which are key in making a decision to refinance.
• Extending the term of your loan can lower monthly payments but increase total interest paid, while shortening the term can do the opposite, so consider your financial goals carefully.
• The break-even point, calculated using a refinance calculator, helps determine if the savings from refinancing outweigh the initial costs within a reasonable time frame.
• Improving your credit score can enhance your refinancing options and help you secure better interest rates, potentially saving you thousands of dollars over the life of the loan.
California Mortgage Refinance Calculator
Calculator Definitions
• Remaining loan balance: The remaining loan balance represents the principal amount you still owe on your home loan.
• Current/New interest rate: Interest is the percentage of the total loan amount that the lender charges the borrower for the privilege of borrowing money. The difference, even slight, between your current interest rate and a potential new one can significantly impact both your monthly payments and your overall savings over the duration of the loan.
• Loan term: The loan term is the length of time you have to repay your refinanced mortgage. Opting for a shorter term can reduce your total interest costs, but a longer term offers lower monthly payments. Use the calculator to see the potential impact of various terms on your payments and overall savings.
• Points: Mortgage points allow you to prepay a portion of the interest due on a home loan at closing. Each point typically costs 1% of the total loan amount and can reduce your interest rate by 0.25%. Consider the long-term savings when deciding to purchase points.
• Other costs and fees: Refinancing your mortgage comes with various costs, including origination fees, appraisal fees, attorney fees, and closing costs. These expenses typically range from 2% to 5% of the new loan amount.
• Monthly payment: Your monthly mortgage payment typically includes both principal and interest. A refinance mortgage calculator can help you compare your current monthly payment with the estimated payment after refinancing to potentially secure better terms. Lower monthly payments alone don’t indicate whether a mortgage refinance will save you money over the long term.
• Total interest: Total interest, which you pay the lender over the life of the loan, is the cost of borrowing money. Comparing the total interest payments associated with your current mortgage to the projected total interest of a potential refinance loan is an important step in determining if the new loan will save you money over the long term.
How to Use the California Mortgage Refinance Calculator
To use the California mortgage refinance calculator, gather your current loan details and proposed refinance terms so you can estimate your potential savings and costs.
Step 1: Enter Your Remaining Loan Balance
Enter your remaining home loan balance. This figure represents the principal amount you owe on your current home loan.
Step 2: Add Your Current Interest Rate
Input your current interest rate — found on your latest mortgage statement or by contacting your lender.
Step 3: Estimate Your New Interest Rate
Estimate what your new interest rate would be by comparing offers from different lenders or checking online for current mortgage rates. A lower rate can reduce your monthly payments and total interest paid.
Step 4: Select Your Remaining Loan Term
Key in the number of years left on your current mortgage. This estimates the total interest you’d pay if you kept your current mortgage.
Step 5: Choose a New Loan Term
Select a new loan term, anywhere from 10 to 30 years. A shorter term can save on interest, while a longer term can lower monthly payments.
Step 6: Enter Any Points You Intend to Purchase
Input any points you plan to purchase. Each point costs 1% of the loan amount and lowers your interest rate by 0.25%.
Step 7: Estimate Your Other Costs and Fees
Input other costs and fees, including application fees, appraisal fees, and attorney fees to see their impact on your potential savings.
Step 8: Calculate Your Break-Even Point
Divide the total closing costs by the amount of your monthly savings to determine your break-even point. Use this information to decide if refinancing is beneficial.
Recommended: How to Refinance a Mortgage
Benefits of Using a Mortgage Refinance Payment Calculator
Using a refinance calculator can help you evaluate whether refinancing is possible and beneficial. This tool provides a detailed comparison of your current and potential new mortgage, showing how different interest rates and loan terms could affect your monthly payment and total interest paid. Even a small reduction in your interest rate, such as a quarter percentage point, can result in significant savings, especially for larger home loans.
The calculator can also help you determine how to refinance a mortgage. It will help you consider the purpose of your refinance, whether it’s to lower your interest rate, switch to a different type of mortgage loan (such as a fixed-rate loan), or access home equity with a cash-out refinance.
What Is the Break-Even Point in Refinancing?
The break-even point is a key concept that helps you determine if the savings from refinancing outweighs the initial costs within a reasonable time frame. To figure out the break-even point yourself, subtract your estimated monthly payment after a refinance from your current mortgage payment. Then divide the total closing costs by the amount you are saving each month.
For example, let’s say refinancing saves you $100 each month and the total closing costs amount to $5,000, then it would take 50 months to break even — to cover those upfront costs and start seeing actual savings. If you plan to sell your home before reaching the break-even point, then refinancing might not be the right option. The calculator will compute your break-even point for you.
Recommended: How Soon Can You Refinance a Mortgage?
Current mortgage rates by state.
Compare current home interest rates by state and find a mortgage rate that suits your financial goals.
Select a state to view current rates:
Typical Closing Costs for a Refinance in California
Because there are costs and fees associated with refinancing a mortgage, you should have a good understanding of all of the potential expenses. Mortgage refinancing costs in California are typically 2% to 5% of the loan. Fixed costs include application fees (up to $500), credit reports ($25-$75), appraisals ($600-$2,000), recording fees ($25-$250), and attorney fees ($500-$1,000+). Percentage-based costs include origination fees (0.5%-1%), title search/insurance (0.5%-1%), and points.
Some fees, like title insurance and inspection fees, may not be required for refinances. Shop around and negotiate with a variety of lenders to reduce your costs. Some lenders offer a no-closing-cost refinance but these may come with a higher interest rate.
Recommended: How and When to Refinance a Jumbo Loan
Tips on Reducing Your Mortgage Refinance Payment
You might be wondering how you can lower your new mortgage refinance payment. Here are some tips:
• Improve your credit score before refinancing to land a lower interest rate.
• Comparison shop for offers from a variety of lenders to find the best rates and terms.
• Consider extending the term of your loan (this could increase your total interest paid however).
• Shop for a lower homeowners insurance rate to decrease your monthly payment.
The Takeaway
Refinancing your mortgage can be a great financial strategy, one that requires careful consideration. Use a mortgage refinance calculator to estimate potential savings, both monthly and over the life of the loan. Examine your results, including the break-even point, to help you decide if going through the refinancing process aligns with your financial goals.
SoFi can help you save money when you refinance your mortgage. Plus, we make sure the process is as stress-free and transparent as possible. SoFi offers competitive fixed rates on a traditional mortgage refinance or cash-out refinance.
A mortgage refinance could be a game changer for your finances.
FAQ
How much does it cost to refinance your mortgage in California?
Refinancing in California involves closing costs ranging from 2% to 5% of the new loan amount. These costs may include application fees, credit report fees, appraisal fees, and title insurance. Shop around and compare rates from many lenders to minimize expenses.
What month is best to refinance?
The best month to refinance can vary based on prevailing mortgage rates and your financial goals. Historically, rates tend to be lower during the fall and winter months. Your best move is to monitor current rates and ensure you’re financially stable before applying.
Do you have to put 20% down to refinance?
You aren’t required to put down 20% to refinance. However, having at least 20% equity in your home can help you avoid private mortgage insurance (PMI).
Which bank is best for refinancing?
Choosing the best bank for refinancing depends on your specific financial needs and the rates and terms they offer. Compare offers from different lenders to find the one that provides the most competitive interest rates, favorable repayment terms, and best customer service for your needs.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Checking Your Rates: To check the rates and terms you may qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.
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Get prequalified in minutes for a SoFi Home Loan.
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