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Mortgage Refinance Calculator - Should I Refinance My Mortgage?Free calculator to plan the refinancing of loans by comparing existing and refinanced loans side by side, with options for cash out, mortgage points. Use the refinance calculator to find out how much money you could save every month by refinancing. Calculate your potential savings. Looking to refinance? This refinance closing cost calculator helps you estimate your fees and costs so you'll have an idea of what you can expect to pay.