RefinanceIQ
Analysis Tool
Auto-fill from a mortgage statement
Drop a PDF, photo, or screenshot - or click to browse. Fills the blank Current Loan fields below. Use the most recent statement - balance and escrow change over time.
Current Loan
▲
$
%
yrs
mo
$
$
FHA Details
$
$
Auto-fills at 1.75% — adjust if different
New Loan
▲
Auto-fill from a Loan Estimate or fee sheet
Drop a PDF, photo, or screenshot of the NEW loan's quote - or click to browse. Fills the blank New Loan rate/term and Closing Costs fields below, including one-time prepaids/escrow due at closing. Monthly taxes and insurance are never pulled from a quote - enter those from the current statement.
Used for prepaid interest & payment skip
$
Balance + cash out + UFMIP/rolled costs. This is the loan your payment is based on.
%
$
$
Monthly Escrow
$/ yr
$/ yr
$/ yr
Costs the borrower pays regardless — reestablishing escrow with the new lender.
Debt Consolidation
▲
AccountBalanceMo. Pmt
Eliminated monthly payments are added to your total monthly savings.
Closing Costs
▲
FHA Mortgage Insurance
New UFMIP (1.75%)
$
UFMIP Refund Credit
-$
Net UFMIP
$0
Prepaids
Prepaid Interest AUTO
$
Prepaid Taxes / HOI & Initial Escrow
$
One-time amounts collected at closing (LE Sections F & G, less prepaid interest). Not the monthly escrow.
Initial Escrow Deposit AUTO
—
2 months taxes + insurance collected at closing
Total Closing Costs
$0
$
Returned ~30 days after payoff. Not an out-of-pocket cost.
Effective Out-of-Pocket
$0
Payment Skip
▲
Uses the Estimated Close Date from the New Loan section.
Enter current loan details and a new rate to see your live analysis.