HOME EQUITY
Your home.
Your next big plan.
Explore whether your home’s value could support improvements or other goals.
Try a loan example
RIKI TOOLS
Cash-out refinance examples
See how it fits your cash flow
Check your amounts. Use nonnegative numbers, a loan of at least $1, 1–480 whole months, and a rate from 0–100%.
- Illustrative APR*
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- Assumed loan fees*
- $0
- Total interest
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- Total loan repayment
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- Cash out before costs
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- With housing costs / month
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Example budget, not borrowing power.
*Illustrations assume a fixed rate and $0 loan fees, so APR equals the interest rate. Actual APR, fees, eligibility and terms vary. These rates are assumptions, not current quotes or industry averages. Final payments may differ due to rounding. Loan repayment excludes taxes, insurance and HOA. Enter those separately to estimate housing costs. Replacing current housing costs assumes the old payment ends. Refinancing may increase total finance charges. Cash out equals the new mortgage minus the balance paid off, before closing costs. Your home secures the loan.
ROOM FOR WHAT’S NEXT
See the possibilities.
Understand the payment.
A cash-out refinance replaces your existing mortgage with a new loan. Explore the payment and costs involved before choosing your next step.
Consider your regular income, commitments and the breathing room you want to keep.
Your home secures the mortgage. Eligibility and property requirements apply.
Try your numbersYour questions come first.
How much could I borrow?
The amount depends on your financial picture, the property, your current mortgage and the loan program’s requirements.
What should I consider?
Review the new payment, interest rate, fees and total loan cost. Refinancing may increase total finance charges.
