Mortgage Refinancing Calculator
If you’ve got a high interest rate mortgage, it may make sense to refinance your mortgage early to take advantage of lower interest rates. Our early mortgage refinancing calculator will help determine how many months it will take to break even on the refinancing costs and renewal penalties.
*The early mortgage refinancing calculator is provided as a self-help tool to show how much you could potentially save by renewing your mortgage early at a lower interest rate. The results should only be used as a guideline. Contact a Dominion Lending Centres Network Brokers for Life mortgage specialist to help you decide whether an early mortgage renewal makes sense for you.