Renewal & savings calculator
Should you switch at renewal?
See how much you could save over your next term by renewing at a better rate instead of auto-renewing with your current lender.
You could save
$12,951
over a 5-year term
Current payment$2,735
New payment$2,520
Monthly difference$216
Don't auto-renew without shopping. Switching lenders at renewal is penalty-free and often unlocks a better rate. This compares payments at the same amortization; your actual savings depend on the rate you qualify for.